Price action for Bitcoin over the last few weeks seems to have created three higher highs visible on most time-frames. Despite the Bullish sentiment, most indicators have created three lower lows displaying potential bearish divergence around $9,800. Bitcoin 8 Hour Chart On the 8 hour chart for XBT/USD, we can see how price action has developed throughout the latest bull run over the last few months. Price levels are heading towards critical uptrend support atRead MoreThe post Bitcoin Price Analysis: Bearish Divergence to $8.8K Likely appeared first on Bitcoinist.com.
