Bitcoin is still having trouble breaking past the $7,700 resistance, which happens to be the top of an ascending triangle pattern.
Bitcoin is still trading inside an ascending channel on the 1-hour time frame and looks ready for a move up to the next resistance.
Bitcoin is testing the top of its ascending channel and could use a dip to support to gain more bullish energy.
Bitcoin sold off sharply yesterday but is now finding support at the bottom of its falling wedge formation. A bounce...