Bitcoin At Lower Support – BTC formed a downtrend to create a falling wedge formation on its hourly time frame against USD. The pair is holding support now near $3530, but looks like bears may further break below. Globalxchange.
Global exchange. From the above chart, BTC is currently trading above $3530 support level. If the price breaks down the $3530 support then the price might dip down to $3470 and then to $3400. Globalexchange. On the other hand, if BTC breaks the $3550 resistance then the price might catch an uptrend towards $3500 and $3570 resistance.
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