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Author Topic: [2017-02-28] Bitcoin Price Technical Analysis for 02/28/2017 – Volatility Pickin  (Read 165 times)
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February 28, 2017, 06:54:46 AM

Bitcoin price looks poised to break down from its consolidation pattern as volatility is returning to the markets.

Bitcoin Price Key Highlights

- Bitcoin price has previously consolidated inside a symmetrical triangle formation and is showing signs of breaking out.
- Price looks ready to head back south as it is trying to move below the 100 SMA dynamic support.
- Oscillators are also hinting that bearish momentum is building up.


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