Bitcoin (BTC) Price Weekly Forecast: Risk Of Fresh Drop To $10,500

After a decent rise, bitcoin price topped near the $12,325 level against the US Dollar.
The price is currently correcting lower below $11,500, with a bearish angle.
There was a break below a crucial contracting triangle with support near $11,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is currently holding the $11,200 support, but it could extend its decline to $10,500.Bitcoin price is currently correcting gains from $12,325 against the US Dollar. BTC price cou