Bitcoin Price Analysis: BTC/USD Another Test of Channel Support

Bitcoin formed higher lows and higher highs to create an ascending channel on the 4-hour time frame, and price looks ready for another test of support. Technical indicators are suggesting that the uptrend is more likely to resume. The 100 SMA is above the 200 SMA to indicate that the path of least resistance is […]The post Bitcoin Price Analysis: BTC/USD Another Test of Channel Support appeared first on BitcoinerX.