The bulls are holding onto a strong wall at the $225-$228 mark. After last week’s 7.5% drop and a nice rebound full of money making opportunities, the wall is still taking a massive beat down.
ninjabenja on tradingview points out in his bitcoin price analysis:
The bearish trend appears to have won out yet again, with price slumping away from what was a half hearted attempt by bulls this past month. On the horizon is this beautiful bullish Gartley and even now price is curling in towards completion at just above $180.
Read More:
http://themerkle.com/speculation/bitcoin-price-analysis-the-bulls-are-holding-onto-a-broken-wall/
