Bitcoin Primed To Reverse Recent Losses & Retest $4,200
Bitcoin price declined heavily, but the $3,760 level acted as a strong support. BTC/USD reversed losses and it could continue to move higher towards $4,000 and $4,200. BTC price bounced back after a sharp drop below the $3,800 support level. There is a crucial bearish trend line in place with resistance at $3,920 on the 30-minute chart.