Bitcoin and the aggregated cryptocurrency markets have faced increasing selling pressure as of late that appears to have put their recently established upwards momentum in jeopardy. BTC/USD Dominant Trend: Bearish Resistance Levels: $9000, $9200, $9400 Support Levels: $6500, $6300, $6100 Bitcoin Price Analysis As at the time of writing, the Bitcoin price is trading at $7643. The prices of the cryptocurrency are trading below the moving average with a period of 50 days, which indicates a downward trend in Bitcoin. For the time being, the prices of the cryptocurrency are moving near the lower limit of the Bollinger ... (full story)