Bitcoin Price Technical Analysis for 08/02/2016 – Aiming for Long-Term Support?Bitcoin Price Key Highlights
1. Bitcoin price recently made a strong break from a short-term consolidation pattern, signaling that sellers have taken control.
2. However, the longer-term uptrend remains intact and price could be ready for a test of the key support.
3. A rising trend line can be drawn to connect the lows on the daily time frame and bitcoin price seems to be headed towards this area.
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http://www.newsbtc.com/2016/08/02/bitcoin-price-technical-analysis-08022016-aiming-long-term-support/
