Bitcoin price analysis shows that BTC has broken bearish through the psychological $8,000 level, with a -1.19% loss against the US dollar over the last 24 hours. Is this just a temporary correction, or could this be the start of a reversing trend? Let’s take a look. Bitcoin Price Technical Analysis: Market Overview Bitcoin price appeared to be heading towards new heights this morning, after hitting a new 10-month high at $8,388. The celebrations, however,Read MoreThe post Bitcoin (BTC) Price Analysis: Bulls Show Weakness as BTC Slips Below $8K appeared first on Bitcoinist.com.