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Topic: [2016-05-01]Bitcoin Price Weekly Analysis – BTC Looks to Trade Higher (Read 268 times)

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Bitcoin Price Weekly Analysis – BTC Looks to Trade Higher

Bitcoin price surged higher as the BTC bulls managed to outpace the sellers. There was a break and close above the $450 level, but the price found sellers near $470, and moved down sharply. However, there is a bullish trend line on the 4-hours chart (data feed from Bitstamp) of BTC/USD, which acted as a support and stalled the downside move.

http://www.newsbtc.com/2016/05/01/bitcoin-price-weekly-analysis-btc-looks-trade-higher/
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