Over the last 24 hours, BTC has convincingly broken to the upside resulting in price levels hitting the bullish target set in my previous Bitcoin price analysis piece just 2 Day ago. Price action looks to now be forming a rising wedge type pattern that should see BTC re-test POC around $11,250. Bitcoin Price Analysis 60 Minute Chart On the 60 Minute Chart for Bitcoin price analysis, we can clearly see the recent convincing breakoutRead MoreThe post Bitcoin Price Analysis: Bulls Win Compelling Breakout appeared first on Bitcoinist.com.