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Blawpaw (OP)
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February 08, 2016, 07:11:11 PM
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Bitcoin Price Technical Analysis for 08/02/2016 – Bearish Continuation Signal?

The 100 SMA is below the longer-term 200 SMA so the path of least resistance is to the downside. This suggests that the $390-400 area might keep gains in check, pushing bitcoin price back to the bottom of the triangle at $370-375. Stochastic is on its way up, after just making it out of the oversold region. This indicates that bullish pressure is present and that buyers...

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