A much-needed correction has finally arrived to cool off Bitcoin’s month-long parabolic uptrend. This is the first time the leading asset has printed a double digit loss against the US dollar since May 17 – over 40 days ago. Bitcoin Daily Chart On the 1D BTC/USD chart we can see that bears have now regained control of the over-extended Bitcoin market today, after the asset failed to break above the $13,400 during the American tradingRead MoreThe post Bitcoin Price Analysis: BTC Experiences First Major Pullback in 41 Days appeared first on Bitcoinist.com.