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Author Topic: [2016-09-09]Bitcoin Price Technical Analysis – Break and Retest?  (Read 189 times)
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September 09, 2016, 08:04:55 PM

Bitcoin Price Technical Analysis for 09/09/2016 – Break and Retest?

Bitcoin price is pulling back from its recent breakout but the nearby inflection points could hold as support. A larger correction from the climb could find a floor at the broken flag resistance around $615, which is close to the 100 SMA dynamic support. Note that bitcoin price has been making bullish breakouts so far but it is stalling at a longer-term area of interest at the moment...
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