Bitcoin Price Analysis: BTC/USD Ascending Triangle Consolidation

Bitcoin has formed higher lows and found resistance near the $7,000 major psychological mark, creating an ascending triangle visible on its 4-hour time frame. Price is testing the resistance and might be due for a breakout soon. The 100 SMA is below the 200 SMA to hint that the path of least resistance is to […]The post Bitcoin Price Analysis: BTC/USD Ascending Triangle Consolidation appeared first on BitcoinerX.