BTC Extends Declines – Bitcoin declines and break the $3650 resistance and declined against US Dollar. The decline below $3520 support which dragged altcoin down. The price even broke the $3480 support level and 100 SMA. Globalexchange. New weekly low was formed at $3465 and moved into the bearish zone. Globalxchange.
Global Exchange. The chart shows that bitcoin is back to the bearish zone below $3500. Seems to have a chance of more losses towards the $3200 support. If $3200 fails to break more losses towards $3000. Globalxchange. Conversely a close above $3500 might push the price back to bull zone. MACD for the pair is in the negative zone and RSI is below level.
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