Bitcoin price started a downside correction from the $71,500 zone against the US Dollar. The price is now trading below $68,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $68,200 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The post Bitcoin Price Analysis: BTC Could Soon Retest $60.5K, Here’s Why appeared first on Live Bitcoin News .
