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Topic: [2016-10-13]Bitcoin Price Technical Analysis for 10/13/2016 – Buy on Dips? (Read 267 times)

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Bitcoin Price Technical Analysis for 10/13/2016 – Buy on Dips?

The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside. In addition, the gap between the moving averages is widening so bullish pressure is getting stronger. Stochastic is also on the move up to show that buyers are in control of bitcoin price action. In case buyers run out of steam, though, bitcoin price could pull back to the nearby...

http://www.newsbtc.com/2016/10/13/bitcoin-price-technical-analysis-10132016-buy-dips/
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