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Topic: [2016-07-06]Bitcoin Price Technical Analysis – UK Troubles Bring Bulls Back (Read 214 times)

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Bitcoin Price Technical Analysis for 07/06/2016 – UK Troubles Bring Bulls Back

The 100 SMA is still above the 200 SMA so the path of least resistance is to the upside. This suggests that bitcoin price could have enough energy to climb back to the top of the channel around the $700 to $710 levels. Stronger bullish momentum could even lead to an upside breakout and a move towards the previous month highs closer to $800...

http://www.newsbtc.com/2016/07/06/bitcoin-price-technical-analysis-07062016-uk-troubles-bring-bulls-back/
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