Bitcoin failed again to clear the $41,500 resistance zone against the US Dollar. BTC could extend losses if there is a clear move below the $39,200 support zone.
Bitcoin Price Trims Gains
Bitcoin price corrected above the $41,000 resistance zone. BTC even cleared the $41,400 level and attempted a clear move above the $41,500 resistance zone.
However, the bears were active near the $41,500 level. A high was formed near $41,548 and the price started a fresh decline. There was a clear move below the $41,000 support zone. The price declined below the 50% Fib retracement level of the recent increase from the $39,269 swing low to $41,548 ..
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