|
Title: [2016-04-17]Bitcoin Price Weekly Analysis – BTC/USD Downsides Move Before Higher Post by: Blawpaw on April 17, 2016, 10:31:23 PM Bitcoin Price Weekly Analysis – BTC/USD Downsides Move Before Higher
Bitcoin price traded after trading lower towards the $410 level found support and started to move higher. There was a slow and steady downside move, and in the process of the upside move, there is a bullish trend line on the 4-hours chart (data feed from Bitstamp) of BTC/USD. The highlighted trend line and support area may play a major role for BTC/USD in the near term, and as long as the price is above it, there is a chance of more gains... read more (http://www.newsbtc.com/2016/04/17/bitcoin-price-weekly-analysis-btcusd-downsides-move-higher/) |