Bitcoin price spiked towards $7,400, but it failed to retain strength against the US Dollar. The bulls need to protect the $7,120 and $7,000 support levels in the near term. There is a major bearish trend line active with resistance near $7,360 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...The post Bitcoin Downside Thrust Possible Before Key Reversal appeared first on NewsBTC.