Bitcoin Bleeding Red – Bitcoin kept up a good support near $3500 against US Dollar. BTC/USD moved above $3500 support and traded at $3521 high. The pair then dipped vertically downside to break the $3490 and $3450 support level forming a new low $3434. The drop made the price trade below $3450 support. globalxchange.
Global exchange. The daily chart shows BTC price dipped all of a sudden from $3521 to $3496 and then to $3421 low. The price below $3421 takes the price below $3400 and $3350 support level. Otherwise, break above $3470 can take the pair to $3510 and next target is $3540. globalexchange. MACD for the pair is strongly in the bearish zone and RSI is below 30 level where buyers are in line.
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