TA: Bitcoin Price Stuck In Key Range, Why Dips Might Be Limited

Bitcoin failed again to clear the $30,600 resistance zone against the US Dollar. BTC is declining, but the bulls might remain active near $28,500.

Bitcoin failed to gain strength for a move above the $30,600 resistance zone.
The price is now trading below the $30,000 level and the 100 hourly simple moving average.
There was break below a…