Bitcoin is trending lower in a descending channel on its 4-hour time frame and is currently pulling back to the top. Holding as resistance could push the price back down to support around $5,800 or lower. The 100 SMA has crossed below the longer-term 200 SMA to indicate that the path of least resistance is...The post Bitcoin Price Analysis: BTC/USD Another Pullback or Possible Reversal? appeared first on Live Bitcoin News.
