Topic: [2016-08-16] Bitcoin Price Technical Analysis – Short-Term Reverse Pattern ? (Read 275 times)
August 16, 2016, 12:40:30 AM
If bitcoin price does break past the double bottom neckline, it could find dynamic resistance at these moving averages, which are around $580 to $585. A break past these levels could confirm that bullish momentum is underway.
August 15, 2016, 09:47:05 PM
Bitcoin Price Key Highlights
Bitcoin price has sold off sharply recently but it looks like bears may be tired from the dive.
A small double bottom pattern has emerged after price failed in its last two attempts to break below $565.
Price has yet to break past the neckline at $575 before confirming the potential rally.
read the Analysis
Bitcoin price has sold off sharply recently but it looks like bears may be tired from the dive.
A small double bottom pattern has emerged after price failed in its last two attempts to break below $565.
Price has yet to break past the neckline at $575 before confirming the potential rally.
read the Analysis
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