Bitcoin Price Technical Analysis – Bulls Still Charging!

Bitcoin Price Key Highlights
Bitcoin price has been in good spirits these days, as it has taken out one resistance level after another. Price made a quick short-term retracement before revving up for another ride north, setting its sights on the rising channel resistance. Increased bullish momentum could keep bitcoin price climbing, possibly until the top of the rising channel on the daily time frame.
Aiming for $350?
Now that price has broken past the significant $300 barrier, bitcoin could head all the way up to the next resistance at the $350 level, which is right in line with the channel resistance.

This post was published at NewsBTC on October 30, 2015.