Bitcoin retreated after its earlier strong rally as the price fell back to the bottom of the ascending channel on its 1-hour time frame. If support holds, the price could recover to the resistance levels marked by the Fibonacci extension tool. The 100 SMA is still above the longer-term 200 SMA to indicate that the […]The post Bitcoin Price Analysis: BTC/USD Correction or Reversal? appeared first on BitcoinerX.
