Bitcoin price started a downside correction from the new all-time high at $69,324 against the US Dollar. The price is now trading above $60,000 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $64,400 on the 4-hour chart of the BTC/USD pair (data feed The post Bitcoin Price Analysis: BTC Rips To New ATH Before Taking Hit appeared first on Live Bitcoin News .