Bitcoin Price Analysis

BTC is following a slow downtrend after it’s rebound from the China Exchange FUD and comments from prominent figures. As we can see BTC bounced off the first support line after the BTC dump when China FUD started spreading.

It then traded around 3850 to 4100 respecting it’s downtrend line. From here we can see MACD for 4hrs are entering the bearish zone since BTC …