BTC Bears To Retest $3500 – BTC was under pressure after reaching the $3686 high against USD. BTC/USD maintained a well support near the $3650 support and $3630 support level. The price then dipped 100 points and traded at $3538 low the previous day. Price then started a uptrend pattern and is above the $3600 support level. Global x change.
Globalxchange. From the above chart, BTC price may correct itself to $3650 and then may go upto $3780 support. If the price breaks the $3650 support then the price rail upto $3800. On the other hand, the price fails to break the $3650 support, it will rail down to $3500 and then to $3420. Global xchange. MACD for the pair is in the bearish level and raising, and RSI is Trading with 50 level and rising slowly.
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