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Title: [2016-07-18]Bitcoin Price Technical Analysis – Back at Channel Resistance! Post by: BTCBinary on July 18, 2016, 01:53:07 PM Bitcoin Price Technical Analysis for 07/18/2016 – Back at Channel Resistance!
The 100 SMA is still above the longer-term 200 SMA, confirming that the path of least resistance is to the upside and that the uptrend could carry on. If you’re bullish on bitcoin price, better wait for an actual test of support at $665 near the 100 SMA if you’re planning on catching the uptrend... http://www.newsbtc.com/2016/07/18/bitcoin-price-technical-analysis-07182016-back-channel-resistance/ |