Bitcoin price seems to be forming a strong support base near $7,440 against the US Dollar. The price recovered above $7,700 and it is currently trading near the $7,800 resistance area. There is a major bearish trend line forming with resistance near $7,950 on the hourly chart of the BTC/USD pair (data feed from Kraken)....The post Bitcoin (BTC) Price Forming Double Bottom: Setting Stage For Rebound appeared first on NewsBTC.
