Bitcoin Price Technical Analysis for 08/30/2016 – Eyes on Range Resistance!The short-term moving average also appears to be holding as dynamic resistance for now, although a rally could still find a ceiling at the 200 SMA. If so, bitcoin price could make another test of support, with stronger bearish pressure likely to trigger a break lower. Stochastic seems to be on the move up but is starting to turn lower again, hinting at a potential return in selling momentum...
http://www.newsbtc.com/2016/08/30/bitcoin-price-technical-analysis-08302016-eyes-range-resistance/
