Bitcoin (BTC) Price Watch: New Bullish Channel Forming

Bitcoin Price Key HighlightsBitcoin price is forming higher highs and higher lows inside an ascending trend channel on the 1-hour chart.
Price just bounced off the channel bottom and may be due for a test of the resistance at $6,600.
There are nearby inflection points at the mid-channel area of interest as technical indicators reflect a rally slowdown.Bitcoin price is slowly trending higher in a short-term ascending channel, possibly setting its sights on the very top.
Technical Indicators Signa