Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance

Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems to be approaching a couple of important resistances near $3,500 and $3,510. Bitcoin price is slowly moving higher with positive signs against the US Dollar. However, BTC/USD is now approaching a significant hurdle near the $3,500…