BTCUSD under pressure below $3,660
Bitcoin has started the new trading week under downside pressure, with the BTCUSD pair now trading below the important $3,660 technical level. The BTCUSD pair risks additional losses towards the $3,300 level while buyers are unable to hold price above the $3,660. It is also worth noting that despite sellers taking control of price-action BTCUSD trading volumes are declining.
The BTCUSD pair is bearish while trading below the $3,660 level, key technical support is found at the $3,300 and $3,100 levels.
If the BTCUSD pair trades above the $3,660 level, buyers may test towards the $3,850 and $3,960 resistance levels.