Bitcoin recently busted out of its descending triangle pattern on the 4-hour time frame and is pulling back for a retest of resistance. This happens to line up with the 38.2% Fibonacci retracement level around $11,100. A larger correction could last until the 50% level that lines up with the 200 SMA dynamic inflection point […]The post Bitcoin Price Analysis: BTC/USD Bullish Correction Over? appeared first on BitcoinerX.