[2016-01-20]Bitcoin Price Tight; Big Move On

[Blawpaw]

Bitcoin Price Tight; Big Move On

Yesterday we went into quite a bit of depth concerning our interpretation of the action in the bitcoin price so far this week. We noted that the action represented a consolidation of bullish and bearish sentiment and that this consolidation could act as a sort of winding up before a big move. Action has now matured throughout last night’s Asian session, and we are mid way through today’s European session, and things haven’t (as yet) worked...

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http://www.newsbtc.com/2016/01/20/bitcoin-price-tight-big-move-on/