Bitcoin has been trading around $10,500 for the last few days as price levels begin to form rising support. The question remains as to whether enough volume will enter Bitcoin in order for price levels to break up-wards through key resistance at $11,00o. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see rising support has formed around the current market price. If this support breaks to the downside we should expectRead MoreThe post Bitcoin Price Analysis: Breakout to $11,000 Looming appeared first on Bitcoinist.com.
