Bitcoin Price Technical Analysis for 12/1/2015

By January 12, 2015Bitcoin Entertainment

The price of Bitcoin started the day by a slight rise from $268 to around $274, before falling again to $268. The price seems to be oscillating today between $268 and $274, as we estimated yesterday that the price is likely to move sideways, as it approaches the $255 support point.

The Advance/Decline line is sloping downwards (look at the below chart) which means that the downtrend is rather strong and is not likely to […]

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