Bitcoin Price Intraday Analysis: BTC/USD Bottom in Sight

Source: Digital Money Times, originally published on .

http://digitalmoneytimes.com/bitcoin-price-intraday-analysis-btc-usd-bottom-in-sight/.

Bitcoin priceThe Bitcoin-to-USD exchange rate is trading lower on Thursday, on track to restest its bottom area below 6000-fiat. The pair is trading down 5.05 percent to 6195-fiat, after recovering from its intraday low near 6045-fiat, after spending two weeks in a sideways consolidation range, awaiting breakout. Bitcoin’s inability to breach through a medium-term descending trendline,

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The post Bitcoin Price Intraday Analysis: BTC/USD Bottom in Sight appeared first on Digital Money Times.

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