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Topic: [2016-02-23]Bitcoin Price Technical Analysis (Read 330 times)

legendary
Activity: 1596
Merit: 1027
February 23, 2016, 07:35:30 PM
#1
Bitcoin Price Technical Analysis for 23/02/2016 – Bullish Pennant Forming?

Technical indicators appear to be supporting the idea of further rallies, as the 100 SMA just crossed above the longer-term 200 SMA. This suggests that the path of least resistance is to the upside, although these moving averages are still in the middle of oscillating for now so the range-bound behavior might resume...

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