23-08-2018 05:59 via newsbtc.com

Bitcoin (BTC) Price Watch: Testing Uptrend Channel Support

Bitcoin Price Key HighlightsBitcoin price sold off after the SEC rejection of ETF applications but is finding support at the channel.
Price is still trading inside an ascending channel and is currently testing the very bottom.
A bounce could take it up to the next upside targets marked by the Fibonacci extension tool.Bitcoin price is pulling back after its recent surge and is deciding whether to make a bounce or a break from the channel support.
Technical Indicators Signals
The 100 SMA is still
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