n nn nn A slow, grinding upward drift has been the name of the game for bitcoins market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violentlyFigure 1 BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. After several tests of the support level, the market began to slowly drift upward in a stair-s

Source and More information: Bitcoin Price Analysis Slow Upward Drift Tests Market Supply

Author: CryptScout.com