Bitcoin recently fell through its rising trend line which had been holding since mid-August, indicating that a downtrend is underway. Price is finding support at the $6,300 area, though, and might be ready for a pullback from here. Applying the Fib retracement tool shows that the 61.8% level is closest to the broken trend line...The post Bitcoin Price Analysis: BTC/USD Bearish Pullback Happening? appeared first on Live Bitcoin News.
