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Topic: THE MERKLE: Bitcoin Price Analysis: The Bulls Are Holding Onto A Broken Wall (Read 788 times)

member
Activity: 212
Merit: 22
Amazix
We would be in an early bullmarket now if it wasn't for Gavin who gives his very best to ruin the coin. Gavin says: more beartrend till 2016.

Double digits still possible.
legendary
Activity: 2101
Merit: 1061
Interesting analysis and a pleasant change from the normal tripe spouted through a bearish perspective. Cheers
m3
sr. member
Activity: 460
Merit: 250
The bulls are holding onto a strong wall at the $225-$228 mark. After last week’s 7.5% drop and a nice rebound full of money making opportunities, the wall is still taking a massive beat down.

ninjabenja on tradingview points out in his bitcoin price analysis:

The bearish trend appears to have won out yet again, with price slumping away from what was a half hearted attempt by bulls this past month. On the horizon is this beautiful bullish Gartley and even now price is curling in towards completion at just above $180.

Read More: http://themerkle.com/speculation/bitcoin-price-analysis-the-bulls-are-holding-onto-a-broken-wall/
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