Bitcoin Price Analysis: BTC/USD Larger Bounce Taking Place?

Bitcoin appears to be gaining traction on its bounce off the descending channel support on the daily time frame. Price is aiming for another test of the mid-channel area of interest and a break higher could be followed by a bigger retracement. This area of interest lines up with the 50% Fibonacci retracement level around […]The post Bitcoin Price Analysis: BTC/USD Larger Bounce Taking Place? appeared first on BitcoinerX.