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Bitcoin => Press => Topic started by: BTCBinary on September 09, 2016, 08:04:55 PM



Title: [2016-09-09]Bitcoin Price Technical Analysis – Break and Retest?
Post by: BTCBinary on September 09, 2016, 08:04:55 PM
Bitcoin Price Technical Analysis for 09/09/2016 – Break and Retest?

Bitcoin price is pulling back from its recent breakout but the nearby inflection points could hold as support. A larger correction from the climb could find a floor at the broken flag resistance around $615, which is close to the 100 SMA dynamic support. Note that bitcoin price has been making bullish breakouts so far but it is stalling at a longer-term area of interest at the moment...

http://www.newsbtc.com/2016/09/09/bitcoin-price-technical-analysis-09092016-break-retest/