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Topic: [2016-02-16] Bitcoin Price Technical Analysis for 16/02/2016 – Stalling at 400! (Read 279 times)

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Bitcoin Price Key Highlights

Bitcoin price recently broke past the descending triangle resistance visible on the 1-hour and 4-hour charts.
Price zoomed up to the $400 psychological resistance as expected, but it appears to be setting up for a pullback.
Using the Fib tool on the breakout rally reveals potential levels that might hold as support in the event of a correction from the uptrend.
http://www.newsbtc.com/2016/02/16/bitcoin-price-technical-analysis-for-16022016-stalling-at-400/
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