Bearish divergence as mentioned in my previous analysis on Bitcoin has successfully played out over the last 24 hours, resulting in price levels plummeting towards $9,000 support. Bitcoin 30 Minute Chart Analysis On the 30 Minute chart for XBT/USD, we can see the three higher highs price action has developed over the last week. A clear break-down has taken place within the last few hours to complete the bearish divergence. It’s likely price levels willRead MoreThe post Bitcoin Price Analysis: BTC Plummets Towards $9k Support appeared first on Bitcoinist.com.
