Bitcoin Price at Risk Again as Peace Talks Collapse, Downside Looms

Bitcoin Price at Risk Again as Peace Talks Collapse, Downside Looms

Bitcoin price started a fresh decline from the $73,800 zone. BTC is consolidating and might struggle to stay above the $70,500 support. Bitcoin failed to stay above $72,500 and corrected gains. The price is trading below $72,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $71,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $71,500 and $72,000 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $72,500 resistance zone. BTC formed a top....


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