Bitcoin broke below its short-term rising channel to signal that bearish action is back in play. However, the longer-term ascending channel remains very much intact even as technical indicators are giving mixed signals. The 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. In...The post Bitcoin Price Analysis: BTC/USD Near-Term Roadblock But Uptrend Intact appeared first on Live Bitcoin News.
