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Bitcoinerx
2019-07-04 05:00:28

Bitcoin Price Analysis: BTC/USD Aiming for $16,000 Next?

Bitcoin seems to be gaining traction on its uptrend as it completed the pullback to a long-term rising trend line support. The price is now up to the 38.2% Fibonacci extension level, with technical indicators suggesting that the bullish momentum could carry on. The 100 SMA is above the longer-term 200 SMA to indicate that […]The post Bitcoin Price Analysis: BTC/USD Aiming for $16,000 Next? appeared first on BitcoinerX.