Bitcoin Price Technical Analysis for 13/3/2015 – Whiplash!

By March 13, 2015Bitcoin Business

Bitcoin price rose to print a high of around $298 yesterday, before declining to around $288, which touches the rising support level we spotted on Wednesday’s analysis , earlier today. It seems like we are witnessing a “whiplash” downwards phase that proceeds a forwards phase that will lead to a breakthrough the $300 resistance level.

By studying the 1 hour Bitfinex ( BTC /USD) chart from tradingview.com and plotting the 20, 50 and 100 period […]

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