Just when the bears were gearing up for another mauling, bitcoin price bounced off long term support in an epic 14% pump. The move has kept BTC on track to make greater gains next year as long term technical indicators have held strong. Bitcoin Price Cranks to $7,450 Following an almost 10% slide on the week, BTC hit a seven month low of $6,550 yesterday. This price zone provided a major level of support duringRead MoreThe post Bitcoin Price Holding Important Support After 14% Surge appeared first on Bitcoinist.com.