Bitcoin Price Dips Below $63,000: Key Support Levels to Watch

Bitcoin faces another downward movement after failing to maintain a position above $64,550. The digital currency is now below the $63,500 mark, combining with the 100 hourly Simple Moving Average (SMA). A bearish trend line shows resistance around $63,600 according to the hourly chart data from Kraken. Bitcoin continues its decline below key support levels,

Source: CoinOtag