Bitcoin has formed lower highs and higher lows to consolidate inside a symmetrical triangle on its 1-hour time frame. This is right around the middle of the descending channel seen on the same chart. The 100 SMA is still below the longer-term 200 SMA to indicate that the path of least resistance is to the […]The post Bitcoin Price Analysis: BTC/USD Waiting for a Triangle Break appeared first on BitcoinerX.
