Bitcoin Forum

Bitcoin => Press => Topic started by: BTCBinary on September 07, 2016, 10:52:11 PM



Title: [2016-09-07]Bitcoin Price Technical Analysis – Which Way to Break Out?
Post by: BTCBinary on September 07, 2016, 10:52:11 PM
Bitcoin Price Technical Analysis for 09/07/2016 – Which Way to BreakOut?

Bitcoin price is approaching the peak of the consolidation pattern so a breakout is bound to take place sooner or later. A break lower could still find support at the 100 SMA or 200 SMA while an upside breakout could yield a climb of $25-30, which is the same height as the mast of the bullish flag pattern...

http://www.newsbtc.com/2016/09/07/bitcoin-price-technical-analysis-09072016-way-break/