Bitcoin price started a fresh decline from the $30,200 zone against the US Dollar. There is a key bearish trend line forming with resistance near $30,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). Bitcoin Price AnalysisBitcoin price started a fresh decline from the $30,200 resistance zone. There is also a key bearish trend line forming with resistance near $30,000 on the 4-hour chart of the BTC/USD pair. A clear move above the $30,000 level might send the price toward $30,200, above which the price might rise toward the $31,500 level.
