Bitcoin Price Technical Analysis for 04/03/2018 – Just a Bearish Correction?
Bitcoin Price Key HighlightsBitcoin price is sustaining its short-term rally since breaking past a descending trend line.
However, this could merely be part of a bearish correction to the Fib levels on the 4-hour chart.
Note that bitcoin price is still trading inside a descending cannel and is just approaching the correction area.Bitcoin price was able to sustain its climb but is approaching a correction zone visible on longer-term charts.
Technical Indicators Signals
The 100 SMA is still below
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