Bitcoin Price Pulls Back: Can It Recover After Correcting Gains?

Bitcoin Price Pulls Back: Can It Recover After Correcting Gains?

Bitcoin price struggled to continue higher above the $64,400 level. BTC is correcting gains and trading near the $62,500 support zone. Bitcoin is holding gains above the $62,500 zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at…