|
Title: [2015-12-30] Bitcoin Price Technical Analysis – Surges to Near Year-End Target Post by: shane on December 31, 2015, 12:41:11 AM Bitcoin rises more than 2 percent to $430.21, nearing our year-end target of $440. In the previous price technical analysis A No Trade Market, we mentioned that an increasing MFI often causes price appreciation, and we are witnessing just that.
The question now is: Would bitcoin be able to extend the gains or will it retrace its steps? Let us try to predict this with the help of technical analysis conducted on the 240-minute BTC-USD price chart. http://www.newsbtc.com/2015/12/30/bitcoin-price-technical-analysis-for-30122015-surges-to-near-year-end-target/ |