Bitcoin is still trending higher in its ascending channel pattern on the 1-hour chart but is in correction mode. A reversal candlestick appears to have formed at the first pullback level. Price is finding support at the 38.2% Fibonacci retracement level and is creating a doji or spinning top on the test. If the next […]The post Bitcoin Price Analysis: BTC/USD Recovery Underway appeared first on BitcoinerX.
