Bitcoin has formed lower highs and lower lows to trade inside a descending channel on its 1-hour chart. The price recently broke below the mid-channel area of interest and is setting its sights on the actual support. The 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is […]The post Bitcoin Price Analysis: BTC/USD Downtrend Resuming? appeared first on BitcoinerX.