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Title: [2016-05-08]Bitcoin Price Weekly Analysis – BTC/USD Remains In Clear Uptrend Post by: Blawpaw on May 08, 2016, 07:03:26 PM Bitcoin Price Weekly Analysis – BTC/USD Remains In Clear Uptrend
Bitcoin price climbed higher this past week and traded towards the $470 resistance area against the US Dollar. The best part of the upside move was the fact that the price settled above the 100 simple moving average on the 4-hours chart (data feed from Bitstamp) of BTC/USD. Once the price closed above the stated MA, there was a sharp rise towards $465 where it found offers... read more (http://www.newsbtc.com/2016/05/08/bitcoin-price-weekly-analysis-btcusd-remains-clear-uptrend/) |