Bitcoin has formed higher lows and higher highs on its 1-hour time frame, creating a short-term ascending channel. The price is currently testing support and a bounce could confirm that the uptrend would continue. The 100 SMA is above the longer-term 200 SMA for now to indicate that the path of least resistance is to […]The post Bitcoin Price Analysis: BTC/USD Short-Term Channel Holding appeared first on BitcoinerX.
