|
Title: [2016-07-11]Bitcoin Price Technical Analysis – Still Stuck in Consolidation! Post by: BTCBinary on July 11, 2016, 08:16:14 PM Bitcoin Price Technical Analysis for 07/11/2016 – Still Stuck in Consolidation!
The 100 SMA is currently below the 200 SMA, signaling that the path of least resistance is to the downside. In other words, a downside breakout might be more likely. However, the moving averages are still close to each other so they could keep oscillating and indicating consolidation... http://www.newsbtc.com/2016/07/11/bitcoin-price-technical-analysis-07112016-still-stuck-consolidation/ |