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Bitcoin => Press => Topic started by: Blawpaw on March 25, 2016, 06:34:20 PM



Title: [2016-03-25]Bitcoin Price Technical Analysis – Break Near?
Post by: Blawpaw on March 25, 2016, 06:34:20 PM
Bitcoin Price Technical Analysis For 03/25/2016 – Break Near?

Bitcoin price as stated in yesterday’s post showed a lot of positive signs and it continued to remain above a key support area of $410-415. As long as the price is above the stated levels, there is a chance of it gaining ground for a move towards $425 or may be even higher.

There was a minor dip recently in BTC/USD, but the price found support around the 100 hourly simple moving average, which holds a lot of significance for BTC to USD in the near term. Currently, the price is rebounding and attempting to clear a bearish trend line on the hourly chart...

read more (http://www.newsbtc.com/2016/03/25/bitcoin-price-technical-analysis-03252016-break-near/)