A recent break-down out of the asymmetrical triangle mentioned in my previous BTC analysis looks poised to continue down to support levels below $11,000. Bitcoin price levels hold above $11,000 for now but the low volume could cause this support to break. Bitcoin Price 4-Hour Analysis On the 4 hour chart for XBT/USD, we can see the break-down of the asymmetrical triangle mentioned. Speculation that the triangle was indeed a bullish pennant has now beenRead MoreThe post Bitcoin Price Analysis: BTC Looks To Break $11,000 Support appeared first on Bitcoinist.com.