Bitcoin has gained traction on its selloff as it broke below the mid-channel area of interest on its daily descending channel, setting its sights on the previous lows and channel bottom next. The 100 SMA is below the 200 SMA to confirm that the path of least resistance is to the downside or that the […]The post Bitcoin Price Analysis: BTC/USD Sights Set on $8,000? appeared first on BitcoinerX.
