Bitcoin tumbled sharply over the past 24 hours but seems to have found some support at the bottom of its ascending channel. A bounce off this area could still allow the uptrend to resume, taking bitcoin up to the channel top or at least the mid-channel area of interest. However, it has another near-term resistance...The post Bitcoin Price Analysis: BTC/USD Bulls Back in Defensive Mode? appeared first on Live Bitcoin News. For Further Information Click on Below Button