Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.
The Bitcoin price is trading inside an ascending channel.
It has found support above the 50-hour moving average, but is facing resistance from the 200-day MA.
The confluence of resistances doesn't foretell a bright outlook for BTC.
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