Bitcoin is still hovering at the bottom of its ascending channel on the 4-hour time frame and could be due for a bounce back to the top or at least halfway through. The 100 SMA is below the longer-term 200 SMA, though, so the path of least resistance is to the downside. In other words, […]The post Bitcoin Price Analysis: BTC/USD Bulls Still Defending Channel Support appeared first on BitcoinerX.
