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Topic: [2016-07-15]Bitcoin Price Technical Analysis – Still Testing Channel Support! (Read 258 times)

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Bitcoin Price Technical Analysis for 07/15/2016 – Still Testing Channel Support!

The 100 SMA is above the 200 SMA, which means that the the path of least resistance is to the upside. In addition, the 100 SMA lines up with the channel support, adding to its strength as a floor. A larger drop could still find support at the 200 SMA, which is around the area of interest at $650...

http://www.newsbtc.com/2016/07/15/bitcoin-price-technical-analysis-07152016-still-testing-channel-support/
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