Bitcoin bears have upped their assault in the last hour, driving BTC price down $200 on to the $7,700 support below. Can bulls defend against the mounting selling pressure, or will the asset continue unraveling inside the falling wedge pattern? Let’s take a look. Bitcoin Price Analysis 4-Hour Chart On the 4-Hour BTC/USD chart, we can see that bitcoin price by market cap is still tracking well inside the falling wedge pattern we identified inRead MoreThe post Bitcoin Price Analysis: $7,700 Support Under Treat in Falling Wedge appeared first on Bitcoinist.com.
