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Author Topic: [2016-03-24]Bitcoin Price Technical Analysis For - Beginning of Bullish Trend?  (Read 260 times)
Blawpaw (OP)
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March 24, 2016, 08:09:29 PM
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Bitcoin Price Technical Analysis For 03/24/2016 – Beginning of Bullish Trend?

Bitcoin price showed a lot of positive signs during the past few hours, and if we look at the short-term view, then BCTUSD was all bullish. However, can we consider it a change in the trend from bearish to bullish? Only time can tell, but looking at the higher timeframe chart, the price is still below a monster resistance area of $420-425. The stated level holds a lot of importance for the next major move in BTCUSD and could ignite a lot of volatility...

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