Bitcoin has formed lower highs and lower lows on its 1-hour time frame, creating a short-term descending channel. The price is now down to support and could be due for another test of the channel resistance around $9,000. The 100 SMA is below the 200 SMA to indicate that the path of least resistance is […]The post Bitcoin Price Analysis: BTC/USD Bearish Trend Continuation at $9,000? appeared first on BitcoinerX.
