Bitcoin price corrected lower after trading above the $5,300 level against the US Dollar. The price declined below the $5,000 support and tested the next support near $4,750. There is a crucial contracting triangle in place with support near $4,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is...The post Bitcoin (BTC) Bears Need To Be Cautious, Bulls Won’t Give Up Easily appeared first on NewsBTC.
