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Bitcoin => Press => Topic started by: Blawpaw on February 21, 2016, 02:15:54 PM



Title: [2016-02-21]Bitcoin Price Weekly Analysis: Signaling Bullish Continuation
Post by: Blawpaw on February 21, 2016, 02:15:54 PM
Bitcoin Price Weekly Analysis: Signaling Bullish Continuation

Bitcoin price enjoyed a decent upside move this past week, as buyers were successful in taking it above the $400 resistance area. The stated level acted as a hurdle for them on many occasions, and a weekly close above it means a lot of optimism. The price traded a few points above the $430 level, and it looks like the price may trade down or correct in order to gain bids in the near term...

continue to read (http://www.newsbtc.com/2016/02/21/bitcoin-price-weekly-analysis-signaling-bullish-continuation/)


Title: Re: [2016-02-21]Bitcoin Price Weekly Analysis: Signaling Bullish Continuation
Post by: rally on February 21, 2016, 03:13:03 PM
Nice explanation.
I think i begin to understand it a little bit how it works with resistance and so.
That's all new for me, but i am going to follow it a little bit from now ons.