[2016-01-23] Bitcoin Price Plumbing Previous Support

[shane]

By late yesterday, price had returned to the level from which this week’s advance had launched. Just prior to this report, the market again again tested this level at 2500 CNY and $380 ($375 in some exchange charts).

Without acting on such anticipation, we might see a reversal here – back to a temporary advance and later returning to this very same level being established as a new support floor near $380 and 2500 CNY.

https://www.cryptocoinsnews.com/bitcoin-price-plumbing-previous-support/