[2016-08-25]Bitcoin Price Watch; Gapped Down, Recovery?

[BTCBinary]

Bitcoin Price Watch; Gapped Down, Recovery?

It’s time to take a first look at the bitcoin price for today, and see if we can set up against the action seen last night I order to draw a profit from the market. It was a bit of a strange night last night. Price took a hit and gapped down on no real news, and we managed to get in short on a break of support. The trade didn’t work out, and we are now net flat on the markets, but it’s given us something to go at from an intraday perspective. We’ve got a pretty...

http://www.newsbtc.com/2016/08/25/bitcoin-price-watch-gapped-recovery/

[richardsNY]

It's funny to see how the person responsible for this article tries to make it look more technical than it in reality is. The price is showing normal market action for days now. Just the usual $10-$20 price swings. Nothing interesting.