Bitcoin Price Eases Off Highs: Will Gains Be Cut Further?

Bitcoin price gained pace above the $63,500 resistance. BTC tested the $64,800 zone and is currently correcting gains. Bitcoin is correcting gains from the $64,800 zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $63,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-eases-highs-64200/