Bitcoin bulls have won yet another descending channel breakout, causing short-term price action to bounce off a key support around $9,500 and push price levels back to 5 digits. Bitcoin Monthly Chart On the monthly XBT/USD, we can see a doji forming on the latest candle as the head sits in the middle of two large wicks. Typically, a Doji can go in any direction and is heavily dependant on the overall trend of theRead MoreThe post Bitcoin Price Analysis: Bulls Win Another Breakout appeared first on Bitcoinist.com.
