Bitcoin price declined heavily below the $9,800 and $9,500 support levels against the US Dollar. The price traded to a new weekly low at $9,118 and it is currently correcting higher. There is a crucial contracting triangle forming with resistance near $9,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...The post Bitcoin Price (BTC) Trading Near Inflection Point, Can Bulls Make It? appeared first on NewsBTC.