Bitcoin has been trending lower inside a descending channel on its 4-hour time frame since December last year, but it looks like an upside breakout is taking place. In that case, a reversal from the downtrend might follow. The 100 SMA has crossed above the 200 SMA to confirm that the path of least resistance […]The post Bitcoin Price Analysis: BTC/USD Upside Channel Breakout appeared first on BitcoinerX.