Bitcoin Price Analysis: BTC/USD’s Short-term Downtrend

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Bitcoin price started a short-term downside from $6180 against the US Dollar. BTC/USD might continue lower towards the $5400 support. Key Talking Points Bitcoin price after setting a new all-time high near $6200 (data feed by Kraken) against the US Dollar started a short-term downtrend. There is an expanding triangle forming with declining bias and resistance near $5760 on the 2-hour chart of…


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