Bitcoin (BTC) Price Watch: Nearby Upside Targets

Bitcoin Price Key HighlightsBitcoin price continues to hover above its ascending channel support on the 4-hour time frame.
Price appears to be consolidating after the bounce but remains on track towards testing the next upside targets.
The 38.2% extension level seems to have kept some gains in check, possibly sending price back down to support once more.Bitcoin price is finding support at the bottom of its rising channel but has hit a roadblock on the first Fib extension.
Technical Indicators Si