Bitcoin managed to bust through the top of its descending channel on the 1-hour chart to signal that a reversal from the earlier slide is due. Price also closed past the 100 SMA dynamic inflection point to confirm that bullish momentum is picking up. However, the 100 SMA is still below the longer-term 200 SMA...The post Bitcoin Price Analysis: BTC/USD Early Bullish Signals appeared first on Live Bitcoin News.
