[2015-12-25] Bitcoin Price Corrective Relapse

[coinzat]

- Bitcoin Price Corrective Relapse

Summary

Bitcoin price has fallen away from its previous highs, but only moderately. The move may be part of a larger consolidation, but if price can hold above the 1-hour 200MA then advance to a new high is possible. The alternative, below the 1-hour 200MA, is that price returns to the $430s and low 2900 CNY levels before advance resumes into the new year.


read the full article here :
https://www.cryptocoinsnews.com/bitcoin-price-falls-back/