Bitcoin Price Faces Rejection, Why BTC Could Resume Its Downtrend

Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average.…#resistance #btc #level #hourly #hourlysimple #resistancelevels #bitcoin #majorresistance #major #simplemoving
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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