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Topic: [2016-02-10] Bitcoin Price Technical Analysis– New Channel Forming? (Read 298 times)

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Bitcoin Price Key Highlights

Bitcoin price has been slowly trending lower on the short-term time frames, with a descending channel connecting the latest highs and lows of price action since last week.
Price is currently testing the top of the channel which lines up with the 100 SMA dynamic resistance.
Technical indicators are showing mixed signals, reflecting indecision between buyers and sellers.
http://www.newsbtc.com/2016/02/10/bitcoin-price-technical-analysis-for-10022016-new-channel-forming/
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