Bitcoin price dropped in early trading on Friday, as it continues to fail at breaking down $6500-6600 area. BTC/USD has within recent trading broken a near-term supporting channel pattern. $6000 mark still appears to be at threat of a test from the controlling bears. BTC/USD 60-minute chart Spot rate: 6478.5 Relative change: […]
The post Bitcoin Technical Analysis: BTC/USD bear pressure not over as it continues to struggle within the $6500-6600 area, price toying with near-term channel support to the downside appeared first on Forex Crunch.