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Title: [2016-06-07]Bitcoin Price Watch; 600 Just Around the Corner Post by: Blawpaw on June 07, 2016, 05:37:30 PM Bitcoin Price Watch; 600 Just Around the Corner
In yesterday’s evening bitcoin price analysis, we noted that if price managed to pull off a sustained run to the upside, that we might see a reaching (or even a breaking) of 600. We concurrently noted that this was a key psychological resistance level, and that – as a result – even if we did break it, the likelihood of price maintaining a floor above the 600 level was slim. Action has now matured overnight, so let’s take a look at how our forecast played out against real time movement. The chart below is a 15-minute time frame candlestick chart showing the last 24 hours’ worth of action... READ MORE (http://www.newsbtc.com/2016/06/07/bitcoin-price-watch-2/) |