Bitcoin is trending lower on its 4-hour chart as it moves inside a descending channel. The price bounced off support and has pulled up to the mid-channel area of interest. This lines up with the 50% retracement level around the $11,200 mark that might be enough to keep gains in check. If so, the price […]The post Bitcoin Price Analysis: BTC/USD New Channel Forming appeared first on BitcoinerX.
