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Topic: [2016-07-05]Bitcoin Price Technical Analysis – Stalling Halfway! (Read 249 times)

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Bitcoin Price Technical Analysis for 07/05/2016 – Stalling Halfway!

The 100 SMA is still above the 200 SMA so the path of least resistance is to the upside. The 100 SMA lines up with the middle of the channel and is currently holding as a dynamic inflection point. Once bitcoin price breaks past this near-term resistance around $680, it could get back on track towards testing the channel resistance around $700-710...

http://www.newsbtc.com/2016/07/05/bitcoin-price-technical-analysis-07052016-stalling-halfway/
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