23-04-2018 07:37 via newsbtc.com

Bitcoin Price Technical Analysis for 04/23/2018 – Bulls Back in Action!

Bitcoin Price Key HighlightsBitcoin price has gained some traction since breaking past its inverse head and shoulders neckline.
Price is now trading inside an ascending channel and testing the resistance.
A return in bearish pressure could take it back down to support around the Fib levels.Bitcoin price is trending higher but might be due for a pullback to its channel support.
Technical Indicators Signals
The 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is
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