Author

Topic: [2016-07-31] newsbtc.com-Bitcoin Price Weekly Analysis –Recent BTC/USD Slide ... (Read 228 times)

legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Bitcoin Price Weekly Analysis –Recent BTC/USD Slide Looks Dangerous

Key Points :

1.Bitcoin price was crushed today against the US Dollar and looks set for more declines in the near term.
2.There was a major bullish trend line formed on the 4-hours chart (data feed from Bitstamp) of BTC/USD, which was broken during the downside move.
3.There was also a bearish flag pattern on the same chart, which was cleared to open the doors for more losses.

READ MORE >>> http://www.newsbtc.com/2016/07/31/bitcoin-price-weekly-analysis-recent-btcusd-slide-looks-dangerous/
Jump to: