Bitcoin price analysis

In today's blog i will discuss about the bitcoin price analysis briefly for you so please read the complete blog and suggest your opinion on my post

Bitcoin Price has been limited below the resistance at $6,800 since the decline that had it drop from trading above $7,000 in June. The Bulls have managed to recoil the price from changing hands below $6,600, but they lack enough momentum for further upside corrections back above $7,000 (critical resistance zone).

In the latest report published by the Central Bank of China is very contended with the current status of cryptocurrency ban in the country. The report shows that the Chinese Yuan currency is utilized in less than 1% of all crypto-trades.