Bitcoin Price Technical Analysis For 03/23/2016 – March Outlook Negative!
Bitcoin price is eyeing for a break in March 2016. Let us see how it may trade during the remaining part of the week. Intraday Support Level can be $400. Intraday Resistance Level may be $425. Bitcoin price is trading in a range for the past couple of weeks, but if we look at the weekly chart, then we will know that BTCUSD is actually forming a breakout structure. There is a contracting triangle pattern forming on the daily chart (data feed from Bitstamp), which can be seen as a major pattern for the next move in Bitcoin price against the US dollar. If we look at the wave count, then the....
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