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Title: [20160-09] Bitcoin Price Technical Analysis– Pullback or Continuation? Post by: elyas772 on February 09, 2016, 06:42:43 AM Bitcoin Price Key Highlights
Bitcoin price made a quick downside break of a short-term range, indicating that further losses are likely. This breakdown was brought forth by dollar strength as risk aversion returned to the financial markets yesterday. Price is now consolidating as traders wait for additional clues. Bitcoin price showed bearish momentum but sellers might need to make a correction before taking it lower. Technical indicators are giving mixed signals for now. http://www.newsbtc.com/2016/02/09/bitcoin-price-technical-analysis-for-09022016-pullback-or-continuation/ |