Bitcoin (BTC) Price Watch: Bulls Defending Channel Support

Bitcoin Price Key HighlightsBitcoin price is still safely inside its ascending channel after another test of support.
This signals that bulls continue to defend the bottom and that the uptrend could stay intact.
Technical indicators, however, show mixed signals as the moving averages are bullish while oscillators suggest another drop.Bitcoin price has resumed its climb after another dip to the bottom of its short-term channel, indicating that bulls are not letting up.
Technical Indicators Signal