Bitcoin price started a major downward move after it failed to stay above $5,150 against the US Dollar. The price declined below the $5,080 and $5,000 support levels to enter a short term bearish trend. There is a key declining channel in place with resistance at $5,040 on the hourly chart of the BTC/USD pair...The post Bitcoin (BTC) Bulls Take Back Seat, $4,850 Holds The Key appeared first on NewsBTC.
