Conclusion
The technical considerations clearly tell that bulls are re-energizing themselves for another bout. The bears may find it hard to keep the valuation depressed in the next 24-36 hours.
But, will bitcoin end 2015 above the Triple Top resistance marked in the price chart? For that to happen, the bulls will have to put up a strong fight. Clearing this hurdle will set the stage for 2016 beginning above $500, a level which a lot of market participants are eagerly waiting to see again.
http://www.newsbtc.com/2015/12/22/bitcoin-price-technical-analysis-for-22122015-a-rebound-may-be-possible/
Topic: [2015-12-22] Bitcoin Price Technical Analysis - A Rebound May Be Possible (Read 233 times)
December 22, 2015, 09:42:17 AM
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