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Author Topic: [2016-09-23]Bitcoin Price Technical Analysis – Another Bearish Flag?  (Read 267 times)
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September 23, 2016, 07:52:30 PM
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Bitcoin Price Technical Analysis for 09/23/2016 – Another Bearish Flag?

Bitcoin price is stalling but appears to simply be pausing from its recent dive to gather more momentum. The 100 SMA is still above the longer-term 200 SMA on this time frame, suggesting that bulls could still push bitcoin price back up. After all, price is still finding support at the longer-term ascending channel bottom and the dynamic inflection point at the 200 SMA...

http://www.newsbtc.com/2016/09/23/bitcoin-price-technical-analysis-09232016-another-bearish-flag/
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