Bitcoin price is correcting losses from the $27,000 zone against the US Dollar. The price is now trading near $28,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $29,250 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could ... The post Bitcoin Price Analysis: BTC Faces Uphill Task Near $29,250 appeared first on Live Bitcoin News .
