Bitcoin appears to be gaining a bit more bullish traction on its bounce and might be headed for the top of its descending triangle from here. Applying the Fibonacci retracement tool shows that the 61.8% level is close to this potential resistance level. A smaller bounce could hit a ceiling at the 38.2% Fib just...The post Bitcoin Price Analysis: BTC/USD Larger Bounce Underway? appeared first on Live Bitcoin News.
