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Bitcoinist 2019-05-21 11:40:34

Bitcoin (BTC) Price Analysis: Downtrending Channel Keeps $8K Out of Reach

Bitcoin price analysis shows BTC is struggling to go above $8,000 as bears continue to drive the price south inside a downtrending channel. At the time of writing, the largest cryptocurrency by market capital is up a marginal 0.44% against the US dollar as bullish sentiment begins to thin out. Bitcoin Price Analysis: 4-Hour Chart On the 4-Hour chart we can see that bitcoin price is tracking faithfully inside a downtrending channel between two strongRead MoreThe post Bitcoin (BTC) Price Analysis: Downtrending Channel Keeps $8K Out of Reach appeared first on Bitcoinist.com.

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