There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar. The price is now trading nicely above the $7,000 and $6,960 support levels. There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price could decline a few points before it starts a fresh increase above the $7,300 resistance. Bitcoin price is now trading in a positive zone above $7,000 against the US Dollar. BTC remains well supported on…
Bitcoin Weekly Forecast: Is This Right Time To Buy BTC?
