Bitcoin price declined sharply below the $12,000 support area against the US Dollar. The price traded close to the $11,000 support and it is currently consolidating losses. There is a key bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could either...The post Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery? appeared first on NewsBTC.