Bitcoin looks ready to resume the slide as it bounced off the area of interest or former support turned resistance around $8,000. Applying the Fibonacci extension tool shows the next potential downside targets. The 38.2% level lines up with the swing low around $6,500 where bears could book some winnings. Stronger selling pressure could spur […]The post Bitcoin Price Analysis: BTC/USD Short-Term Trend Picking Up appeared first on BitcoinerX.