BTC For A Long Term Loss

BTC For A Long Term Loss – Bitcoin traded below $3500 resistance against US Dollar. BTC/USD moved below the $3500 and $3400 obstruction and exchanged at $3396 low. Global Exchange. Sellers came forward and the price immediately dipped from $3450 support to $3400 support. Globalexchange.

Globalxchange. The hourly chart demonstrates that the pair traded as low under $3400. The pair traded at $3369 low and maintained a good support above $3380 resistance. Globalexchange. If price dives below $3400 then it would go below $3300 support, otherwise it can rail up to it breaks the $3450 support. MACD for the pair is in the bearish zone and RSI is below 40 level.