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Author Topic: [2016-05-22]Bitcoin Price Weekly Analysis– Can Double Bottom Push BTC/USD Higher  (Read 310 times)
Blawpaw (OP)
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May 22, 2016, 05:34:26 PM
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Bitcoin Price Weekly Analysis – Can Double Bottom Push BTC/USD Higher?

Bitcoin price managed to recover after trading as low as $435 vs the US dollar. The price is currently trading near a bearish trend line formed on the hourly chart (data feed from Bitstamp) of BTC/USD, which is acting as a resistance area. However, the most important point for the BTC/USD buyers is the fact that there is a bullish pattern creating in the form of a double bottom pattern on the hourly chart...

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