[2016-02-21]Bitcoin Price Weekly Analysis: Signaling Bullish Continuation

[Blawpaw]

Bitcoin Price Weekly Analysis: Signaling Bullish Continuation

Bitcoin price enjoyed a decent upside move this past week, as buyers were successful in taking it above the $400 resistance area. The stated level acted as a hurdle for them on many occasions, and a weekly close above it means a lot of optimism. The price traded a few points above the $430 level, and it looks like the price may trade down or correct in order to gain bids in the near term...

continue to read

[rally]

Nice explanation.
I think i begin to understand it a little bit how it works with resistance and so.
That's all new for me, but i am going to follow it a little bit from now ons.