Bitcoin recently broke below its descending triangle support around the $9,350 level to signal that a decline of the same height as the chart formation is likely to follow. The triangle spans $9,350 to around $13,500. The 100 SMA is below the 200 SMA to indicate that the path of least resistance is to the […]The post Bitcoin Price Analysis: BTC/USD How Low Can It Go? appeared first on BitcoinerX.
