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August 03, 2016, 02:55:08 PM
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Bitcoin Price Technical Analysis for 08/03/2016 – Bulls to Return?

The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside. Also, the 200 SMA lines up with the rising trend line support, adding to its strength as a floor. Bitcoin price could be poised to climb back to the highs at $780 or at least until the near-term area of interest at $600-650...

http://www.newsbtc.com/2016/08/03/bitcoin-price-technical-analysis-08032016-bulls-return/
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