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Author Topic: [2016-10-16]Bitcoin Price Weekly Analysis – BTC/USD Further Gains Likely  (Read 272 times)
BTCBinary (OP)
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October 16, 2016, 06:54:39 PM

Bitcoin Price Weekly Analysis – BTC/USD Further Gains Likely

In the last weekly analysis, I stated that Bitcoin is a good buy on the dips against the US Dollar in the short term. It looks like the idea did work as BTC price managed to climb higher and registered a close above the $635 resistance. There was a nice upside move, which took Bitcoin price above a couple of important hurdles. There was a new weekly high posted at $647, and currently the price is consolidating...
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