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Title: [2016-01-01] Bitcoin Technical Analysis for 01/01/2016 – Major Battle at $433 Post by: Scream on January 02, 2016, 01:52:54 AM Bitcoin appreciated tremendously during the last few months of 2015, but the trend is beginning to shift. The 4-hour chart is clearly showing that the market started to print lower-highs, and also lower-lows, towards the end of December. The trading channel is now starting to curve lower and this kind of price action is very suggestive of an impending bear market.
http://themerkle.com/coins/bitcoin-technical-analysis-for-01012016-bull-market-in-jeopardy/ |