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Bitcoin => Press => Topic started by: Blawpaw on January 20, 2016, 03:50:27 PM



Title: [2016-01-20]Bitcoin Price Technical Analysis – Aiming for Next Area of Interest?
Post by: Blawpaw on January 20, 2016, 03:50:27 PM
Bitcoin Price Technical Analysis for 20/01/2016 – Aiming for Next Area of Interest?

The short-term 20 SMA is crossing below the longer-term 50 SMA, confirming that a downtrend is taking place and that selling pressure could pick up. Price recently made a quick bounce off a nearby support zone, as profit-taking took place, but it looks like bears are ready...

continue to read:

http://www.newsbtc.com/2016/01/20/bitcoin-price-technical-analysis-for-20012016-aiming-for-next-area-of-interest/