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Live Bitcoin News 2024-01-17 03:18:41

Bitcoin Price Analysis: BTC At Risk of More Downsides Below $42K

Bitcoin price started a fresh decline below the $45,000 level against the US Dollar. The price is now trading below $44,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $44,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair The post Bitcoin Price Analysis: BTC At Risk of More Downsides Below $42K appeared first on Live Bitcoin News .

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