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Bitcoin => Press => Topic started by: a7mos on January 12, 2016, 01:01:15 PM



Title: [2016-01-12] Bitcoin Price Technical Analysis for 12/01/2016 – Gearing up for a
Post by: a7mos on January 12, 2016, 01:01:15 PM
Bitcoin Price Technical Analysis for 12/01/2016 – Gearing up for a Breakdown?


Bitcoin price is sitting at the bottom of the long-term ascending triangle, still deciding whether to make a bounce or a break. RSI and moving averages are hinting at a break while stochastic is suggesting a bounce.

http://s3.amazonaws.com/main-newsbtc-images/2016/01/12123706/160112_btcusd-825x510.png

http://www.newsbtc.com/2016/01/12/bitcoin-price-technical-analysis-for-12012016-gearing-up-for-a-breakdown/