19-01-2018 04:37 via newsbtc.com

Bitcoin Price Technical Analysis for 01/19/2018 – Sellers Returning?

Bitcoin Price Key HighlightsBitcoin price looks ready to resume its slide as the descending trend line on the 1-hour time frame is keeping gains in check.
This lines up with Fibonacci retracement levels that add to its strength as a ceiling.
A continuation of the selloff could lead to a test or break of the lows near $9,300.Bitcoin price is struggling to regain ground as it hit a barrier at the inflection points on short-term charts.
Technical Indicators Signals
The 100 SMA is below the longer-t
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