Bitcoin has formed higher lows and found resistance at the $11,500 area to create an ascending triangle on its 1-hour chart. Technical indicators seem to be suggesting that further gains are in the cards. The 100 SMA is above the longer-term 200 SMA to show that the path of least resistance is to the upside. […]The post Bitcoin Price Analysis: BTC/USD Watch Out for a Triangle Break appeared first on BitcoinerX.
