The Bitcoin price on Friday bounced off monthly lows of about $59,573 to trade at about $64,821 ahead of the Bitcoin halving event. The BTC/USD appears to be about to complete a double-bottom reversal pattern formation in the 60-minute chart. Bitcoin has now ascended to trade a few levels above the 100-hour moving average line. As a result, the price of the pioneer cryptocurrency appears to be on the verge of entering the overbought levels of the 14-hour RSI. Bitcoin Price Fundamentals Overview From a fundamental perspective, the BTC/USD is trading ahead of a significant period for Bitcoin. The halving event will ... (full story)