Bitcoin has been facing some turbulent price action over the past several days and weeks, surging to highs of $7,700 this past weekend before hitting a region of resistance that has sparked a firm short-term downtrend that has led BTC down to its support in the lower-$7,000 region. This recent downtrend has shown few signs...The post $7,700 to $7,200: Here’s What Bitcoin’s Rejection Says About Its Market Structure appeared first on NewsBTC.