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Bitcoin => Press => Topic started by: BTCBinary on September 22, 2016, 07:23:17 PM



Title: [2016-09-22]Bitcoin Price Technical Analysis – Selloff Continuation Due?
Post by: BTCBinary on September 22, 2016, 07:23:17 PM
Bitcoin Price Technical Analysis for 09/22/2016 – Selloff Continuation Due?

Bitcoin price looks ready continue is dive on a break of this bearish continuation pattern, with technicals signaling further declines. The 100 SMA is moving below the longer-term 200 SMA, confirming that the path of least resistance is to the downside. The crossover just took place but a widening gap between the moving averages could mean that bearish momentum would strengthen...

http://www.newsbtc.com/2016/09/22/bitcoin-price-technical-analysis-09222016-selloff-continuation-due/