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Bitcoin => Press => Topic started by: BTCBinary on July 07, 2016, 02:12:42 PM



Title: [2016-07-07]Bitcoin Price Technical Analysis – Another Consolidation Pattern
Post by: BTCBinary on July 07, 2016, 02:12:42 PM
Bitcoin Price Technical Analysis for 07/07/2016 – Another Consolidation Pattern

The 100 SMA is above the 200 SMA for now so the path of least resistance may be to the upside. However, the gap between the moving averages is narrowing so a downward crossover might take place, indicating that sellers are taking control of bitcoin price action...

http://www.newsbtc.com/2016/07/07/bitcoin-price-technical-analysis-07072016-another-consolidation-pattern/