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Topic: [2016-07-04]Bitcoin Price Technical Analysis – Slow Climb From Here? (Read 203 times)

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Bitcoin Price Technical Analysis for 07/04/2016 – Slow Climb From Here?

Bitcoin price made a quick spike on its test of the channel support, indicating that buyers are putting up a fight and ready to push price back up to the top of the range. The 100 SMA is above the 200 SMA, confirming that the path of least resistance is to the upside, and the gap between the moving averages is widening so bullish momentum is getting stronger...

http://www.newsbtc.com/2016/07/04/bitcoin-price-technical-analysis-07042016-slow-climb/
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