Bitcoin (BTC) Price Following Steady Uptrend, Dips Remain Attractive
Bitcoin price climbed higher and broke the $4,100 resistance area against the US Dollar.
The price corrected lower recently, but the $4,040 level acted as a strong support.
There is a crucial ascending channel in place with support at $4,060 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair remains supported on the downside and it could bounce back above $4,100 in the near term.Bitcoin price is following a steady uptrend above $4,000 against the US Dollar. BTC corrected
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