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CoinGape 2022-04-24 13:31:14

Bitcoin Price Analysis: Bearish Flag Fallout May Pull BTC Price to $36500

The fallout from the three-month-old rising channel teases further correction in Bitcoin(BTC) price. A successful retest to the breach resistance trendline has plunged the coin price below the $40000 support. However, a positive divergence in the RSI chart raises doubt about a genuine breakdown. Key points: The BTC price gives a double bottom breakdown from The post Bitcoin Price Analysis: Bearish Flag Fallout May Pull BTC Price to $36500 appeared first on CoinGape.

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