The bitcoin price on Thursday pulled back to find support off the 100-hour moving average, before bouncing back to retest session highs. The BTC/USD continues to trade within an ascending channel formation in the 60-min chart. Bitcoin plunged earlier in the week to trade below $54,000 before rallying to top $58,000. The pioneer cryptocurrency continues to trade close to the overbought conditions of the 14-hour RSI. Bitcoin Price Fundamentals Overview: From a fundamental perspective, the BTC/USD is trading at the back of a relatively busy period in the US market. On Thursday, the US initial jobless claims and ... (full story)