Bitcoin price is declining and it is now trading well below $7,500 against the US Dollar. The price is likely to extend its decline towards the $7,040 support area. There is a contracting triangle forming with resistance near $7,280 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could bounce...The post Bitcoin Price Analysis: BTC Approaching Last Line Of Defense appeared first on Live Bitcoin News.
