Bitcoin price continues to free-fall after a failed bullish rally. New signals and a breakdown of two, now confirmed patterns point to bearish downside targets in the low $7,000 range. Bitcoin Forms Elusive Diamond Top, Signaling a Deep Drop On Friday, October 18, Bitcoin price set a higher low at roughly $7,800, signaling that bearish sell pressure may be waning. It resulted in bulls being able to push the price of the first-ever cryptocurrency toRead MoreThe post Bitcoin Price Could Drop Down To $7000; Diamond Top Breakdown Confirms Right Shoulder appeared first on Bitcoinist.com.
