[2016-05-08] cointelegraph : Bitcoin Price Analysis (Week of May 8th)

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After fortifying at a medium-term resistance line, Bitcoin’s price has undergone a turn to growth. The level of $450.5 could’ve become the peak of a correction preceding a downward trend, but the bears were a minority. Bitcoin’s price is now close to a significant resistance line, where long-term bears could activate and win the advantage.



http://cointelegraph.com/news/bitcoin-price-analysis-week-of-may-8th#