Bitcoin Price Technical Analysis for 01/29/2018 – Bulls Creeping Back In?
Bitcoin Price Key HighlightsBitcoin price is in a slow but steady uptrend, moving inside a new ascending channel on its 1-hour time frame.
Price is testing the mid-channel area of interest which lines up with the 38.2% Fibonacci retracement level on the latest swing low and high.
A bounce off this level could take bitcoin price back up to the swing high or channel resistance.Bitcoin price is starting a slow and steady climb, testing support at the Fibonacci retracement levels before possibly res
Read more »