Author

Topic: [2016-04-17]Bitcoin Price Weekly Analysis – BTC/USD Downsides Move Before Higher (Read 268 times)

legendary
Activity: 1596
Merit: 1027
Bitcoin Price Weekly Analysis – BTC/USD Downsides Move Before Higher

Bitcoin price traded after trading lower towards the $410 level found support and started to move higher. There was a slow and steady downside move, and in the process of the upside move, there is a bullish trend line on the 4-hours chart (data feed from Bitstamp) of BTC/USD. The highlighted trend line and support area may play a major role for BTC/USD in the near term, and as long as the price is above it, there is a chance of more gains...

read more
Jump to: