Bitcoin Welcomes Bears Below $125

Bitcoin Welcomes Bears Below $125 – Bitcoin price found an extion below $3800 support against US Dollar. BTC/USD declined below the key $3760 and $3720 support levels to move into bearish zone. The pair traded close to $3670 a new monthly low. The price dived down below $3700 and the 100 SMA. Later the price started a slow move towards bullish trend. globalxchange.
Global exchange. The hourly chart demonstrates that BTC price is below $3750 support level. There are more chance of losses below $3700 and $3670 support levels. A break above $3760 may take the price above $3790 resistance level. globalexchange. The hourly MACD for the pair is moving nears the bull and RSI is above 50 level.

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