Bitcoin Price Technical Analysis for 04/12/2018 – Slow But Steady Climb

Bitcoin Price Key Highlights

Bitcoin price is still trending inside an ascending channel pattern and has bounced off support. Price is approaching another potential resistance level at its symmetrical triangle pattern. A move past this ceiling could lead to a sharper climb for bitcoin to the mid-channel area of interest or the very top.

Bitcoin price is regaining ground after testing the rising channel support but has several upside barriers to contend with.

Technical Indicators Signals


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