Bitcoin Plunges More Than 10{aa99edd08dd66036bd4af6c3dbe8af9b4ab31fcc55a521c2956d094a6dcd3a48} Since Hitting $70K 72 Hours Ago

Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar. The price is currently trading above the $10,500 support and it could continue to rise in the near term. Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to grind higher as long as there is no close below the $10,400 support area. Bitcoin price is showing a lot of positive signs above $10,500 against the US Dollar. BTC remains supported for more gains towards the $11,000 and $11,200 resistance levels. Bitcoin Price Analysis Yesterday, we saw strong gains in BTC above the $10,500 resistance area against the US Dollar. The…