Bitcoin price started a recovery wave above the $16,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $16,780 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The ... The post Bitcoin Price Analysis: BTC Aims Steady Increase To $18K appeared first on Live Bitcoin News .