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Topic: [2016-01-13] Bitcoin Price Consolidating Again (Read 278 times)

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January 13, 2016, 08:20:00 AM
#1
A quick look at the 1hr BTCC chart and we see the moving averages compressing in near-horizontal price action today.

MACD has settled on its zero line and RSI has sufficient divergence in both directions to allow a price wave to move some distance – either up or down.

The 4-hour and 1-day charts are technically bullish, but a reversal to the downside will quickly change that.

https://www.cryptocoinsnews.com/bitcoin-price-consolidating-again/
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