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Topic: [2015-7-20] THE MERKLE - Bitcoin Technical Analysis For 07/19/2015 (Read 331 times)

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The Bitcoin market has calmed down quite a bit, following the debt deal that was struck between Greece and the European Union on the 13th of July. However, some very clear technical price pivot levels have emerged on the charts. The $275.50 level stands out as a major price pivot level. This area has been used as support (blue arrows) about three times in the past few days, and once as resistance (green arrow). The $275.50 level is currently acting as support, and price is having a tough time breaking lower.

Read More: http://themerkle.com/market-analysis/bitcoin-technical-analysis-for-07192015/
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