Bitcoin is still inside its descending channel on the 1-hour time frame and hovering above support around $8,600. The price could be able to pull up to the top of the channel around $9,000 before resuming the slide. Applying the Fibonacci retracement tool shows that the 61.8% level lines up with the channel top while […]The post Bitcoin Price Analysis: BTC/USD Channel Support Still Holding appeared first on BitcoinerX.