The bitcoin price chart is becoming ambiguous as it approaches its first large move for the new year. Traders have been actively accumulating bitcoin, yet, regardless a potential sell signal is developing at the larger 4-hour timeframe.
Today’s 15min chart (not shown) had seen price fall below its 200-period moving average (200MA). If the 20MA were to also cross below the 200MA we’d have a potential sell signal in the 15min chart.
https://www.cryptocoinsnews.com/bitcoin-price-may-fall-through-the-line/
Topic: [2016-01-05] Bitcoin Price May Fall Through The Line (Read 286 times)
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