Bitcoin (BTC) Price Watch: Some Hope for Bulls?
Bitcoin Price Key HighlightsBitcoin price recently formed lower highs and found support at $6,100 to create a descending triangle.
Price was rejected on its test of resistance, but bulls seem ready for another attempt to break higher.
Bitcoin is forming a short-term ascending channel and is currently testing support.Bitcoin price bounced off its descending triangle top, but bulls might gain more energy on this bounce off the short-term channel.
Technical Indicators Signals
The 100 SMA is still b
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