02-04-2018 08:13 via newsbtc.com

Bitcoin Price Technical Analysis for 04/02/2018 – A Few Bullish Hints

Bitcoin Price Key HighlightsBitcoin price is still trending lower, moving inside a descending channel on its 4-hour time frame.
Price bounced off the mid-channel area of interest, though, and might be due for a pullback to the resistance.
Bitcoin price also broke above a short-term descending trend line to signal a pickup in bullish pressure.Bitcoin price is trending lower but is showing short-term signs that bulls are trying to get back in the game.
Technical Indicators Signals
The 100 SMA is b
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