Hourly Chart:
Bitcoin Technical Analysis Update
Bitcoin continues to tighten up on the hourly time frame with declining volume as the price continues to reject from the 26 period exponential moving averages.The last higher low of support on the hourly time frame is at $6,382.19. The bulls now face the resistance of the 12 and 26 period EMA's and the previous higher high of $6,444.65 on that time frame.
