Bitcoin has seen a correction in price action from the yearly high just shy of $14,000 down to $9,600 predicted in my previous analysis just a few days ago. Descending channel has broken to the upside within the last 24 hours resulting in price levels returning back to POC (Point of Control) around $11,300. Bitcoin 30-Minute Chart BTC on the 30 minute chart clearly shows the most recently formed descending channel. The price action hasRead MoreThe post Bitcoin Price Analysis: 7 Day Correction Comes To An End appeared first on Bitcoinist.com.
