Bitcoin’s bullish reversal appears to be in peril as bears unexpectedly rocked up and grabbed the bull by the horns. Is today’s pullback caused by current events or are fundamentals impacting Bitcoin price? Weekly Chart 4 Hour Chart Running bulls appear to be halted by bears as a lower high was notched on the weekly chart. A clear pattern of lower highs and lower lows can be seen on the 4-hour and hourly chart. Yesterday’s abrupt dropRead MoreThe post Bitcoin Price Analysis: Bears Take the Bull by the Horns appeared first on Bitcoinist.com.
