Bitcoin Price Technical Analysis For 03/25/2016 – Break Near?Bitcoin price as stated in yesterday’s post showed a lot of positive signs and it continued to remain above a key support area of $410-415. As long as the price is above the stated levels, there is a chance of it gaining ground for a move towards $425 or may be even higher.
There was a minor dip recently in BTC/USD, but the price found support around the 100 hourly simple moving average, which holds a lot of significance for BTC to USD in the near term. Currently, the price is rebounding and attempting to clear a bearish trend line on the hourly chart...
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