Bitcoinerx 2019-04-26 05:00:16

Bitcoin Price Analysis: BTC/USD Bulls Defend Channel Bottom, Uptrend Resumes

Bitcoin bounced off the bottom of its ascending channel on the 4-hour chart as expected as bulls rushed in to defend the correction area. Price is now back up to the mid-channel area of interest and could be setting its sights higher. Applying the Fibonacci extension tool shows that price is already testing the 50% […]The post Bitcoin Price Analysis: BTC/USD Bulls Defend Channel Bottom, Uptrend Resumes appeared first on BitcoinerX.

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