Bitcoin Price Watch – BTC/USD Erases Gains, New Bearish Run Confirmed

Bitcoin Price Watch

This morning, Bitcoin erased yesterday’s gains and fell below the $7,500 price level. It’s currently trading in a range from $7,330 to $7,350.

At the moment, Bitcoin is on another bearish run, testing a support of $7,300. However, the cryptocurrency is showing positive signs against the 100-day moving average, facing a barrier of $7,500 to $7,600.

BTC/USD On New Bearish Run

Following the recent price actions, BTC/USD is now on a new bearish run toward a major support of $7,300. The trading volume spike indicates that a minor selloff occurred in the past couple ...

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