Bitcoin Gold Price Technical Analysis – BTG/USD in Downtrend
Bitcoin gold price is struggling to gain traction and remains below $200 against the US Dollar.
This is a declining channel forming with resistance at $220 on the hourly chart of BTG/USD (data feed from Bitfinex).
The price is likely to remain in a downtrend and it could even retest the $150 support area.
Bitcoin gold price is struggling a lot below $220 against the US Dollar. BTG/USD might extend declines and likely to trade toward $160-150.
Bitcoin Gold Price Resistance
There was a no recovery in bitcoin gold price above the $280 resistance