Bitcoin Price Analysis – BTC/USD Holding Support At $7,000 – BerTTon

BTC/USD holding support

This morning, BTC price fell just below the $6,000 mark, but it rebounded soon after and even rose to a daily high of $7,418.89. Currently, it is trading at about $6,996.27 as of 1PM EST.

As mentioned yesterday, a major support level was established at $7,000, and today’s movement shows that BTC was able to hold this support for a while. For the following hours, it’s unlikely for BTC to head back down to its daily low again, but a new support could be set at around $6,800 for another bounce up.

BTC/USD Holding Support …

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