Following a strong weekly Bitcoin Price advance by the Bulls, the Bears are back in control, rejecting price at the 50-week Moving Average, triggering six consecutive red candle days, breaking the price down towards the previous support at $7,300. Market Overview The Bulls will need to make a strong push over the weekend to rescue price from falling back towards the $6,800 range, where price initially broke out from an Inverse Head and Shoulders bottom.Read MoreThe post Bears Capitalize on Uncertainty as Bitcoin Price Drops Below $7,300 appeared first on Bitcoinist.com. For Further Information Click on Below Button