The one-day chart for Bitcoin (BTC) shows that, since the decline following the three-wave run up to $4200 during February, Bitcoin has been range bound — swinging around four percent either side of the March opening and establishing a monthly range between $3670 and $3950. Overall, the chart remains is in a bottoming pattern; with the current price action attempting to put in a third higher low — but the bulls are struggling to break across $3950 and conquer the $4000 handle. The MACD is relatively flat but has crossed marginally bearish — although, still above zero — so this does not particularly lend itself to ... (full story)