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Title: [2016-07-11] Bitcoin Price Technical Analysis – Still Stuck in Consolidation! Post by: secone on July 11, 2016, 04:29:36 AM Bitcoin Price Key Highlights
Bitcoin price formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame. Price is still stuck inside that triangle pattern for now but a breakout might be due since it is approaching its peak. A breakout in either direction could set the longer-term trend for bitcoin. Bitcoin price is still stuck in consolidation but might be ready to make a strong breakout in either direction sooner or later. http://www.newsbtc.com/2016/07/11/bitcoin-price-technical-analysis-07112016-still-stuck-consolidation/ |