Bitcoin has bounced off immediate support around $59,000 and is moving toward $70,000. The least resistance path is upward based on the applied moving averages. Failure to break above the ascending channel’s middle boundary may increase selling pressure, perhaps push BTC under $60,000. Bitcoin broke out during the weekend to trade a new all-time high The post Bitcoin Price Prediction: BTC settles above $60,000 as $70,000 beckons appeared first on Coingape.