Bitcoin (BTC) Price Analysis: Can Buyers Keep This Rally Up? – Ethereum World News
Bitcoin is gaining traction on its bounce off the bottom of the descending channel on the 1-hour time frame. Price has just passed the mid-channel area of interest and the first Fib, which suggests that a larger rally may be underway. From here, bitcoin could test the 50% Fib that lines up with the 200 SMA dynamic inflection point.