Bitcoin Forum

Bitcoin => Press => Topic started by: uncaer9 on April 05, 2016, 04:14:40 AM



Title: [2016-04-05] Bitcoin Price Technical Analysis– Low Volatility So Far…
Post by: uncaer9 on April 05, 2016, 04:14:40 AM
http://s3.amazonaws.com/main-newsbtc-images/2016/04/05041016/Screen-Shot-2016-04-05-at-11.08.27-AM-825x509.png

Bitcoin Price Key Highlights

   
  • Bitcoin price is still on an uptrend but it is in a slow crawl these days.
  • Support at the bottom of the channel held and price is treading close to the mid-channel area of interest, which appears to be holding as resistance for now.
  • This period of low volatility could be the calm before the storm, as a strong break might ensue in either direction.
http://www.newsbtc.com/2016/04/05/bitcoin-price-technical-analysis-04052016-low-volatility/