Bitcoin price declined further and traded below the $6,440 support against the US Dollar.
Yesterday’s highlighted key bullish trend line with support at $6,445 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price tested the next important support at $6,375 and later started consolidating losses.
Bitcoin price failed to stay above the $6,440 support against the US Dollar. BTC/USD is currently consolidating above the $6,375 support with bearish moves.
Bitcoin Price Analysis
Recently, bitcoin price started a downside correction and traded below the $6,500 support against the
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