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Topic: [2016-05-30]Bitcoin Price Technical Analysis – Aiming for Next Resistance Levels (Read 313 times)

legendary
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Bitcoin Price Technical Analysis for 05/30/2016 – Aiming for Next Resistance Levels

The 100 SMA is above the longer-term 200 SMA on the weekly chart so the path of least resistance is still to the upside. However, the gap between the moving averages is narrowing so a downward crossover might take place soon. If so, sellers could jump in and trigger a pullback from the recent surge...

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