Bitcoin Price Weekly Analysis –Recent BTC/USD Slide Looks DangerousKey Points :
1.Bitcoin price was crushed today against the US Dollar and looks set for more declines in the near term.
2.There was a major bullish trend line formed on the 4-hours chart (data feed from Bitstamp) of BTC/USD, which was broken during the downside move.
3.There was also a bearish flag pattern on the same chart, which was cleared to open the doors for more losses.
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http://www.newsbtc.com/2016/07/31/bitcoin-price-weekly-analysis-recent-btcusd-slide-looks-dangerous/
