Bitcoin Weekly Forecast: BTC Price Turned Sell On Rallies

Bitcoin Weekly Forecast: BTC Price Turned Sell On Rallies | NewsBTC

After settling below $9,000, bitcoin declined steadily against the US Dollar. The price is under a lot of pressure below the $8,700 and $8,650 resistance levels. There is a crucial bearish trend line forming with resistance near $8,630 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).