Bitcoin Price Technical Analysis for 8/4/2015 (Intraday) – Pattern Maturing

By April 8, 2015Bitcoin Business

Bitcoin price has slumped more than 3.5% bringing the bearish Head and Shoulders pattern to near completion. Bitcoin dropped from roughly $254 to $243 which is in close proximity to the target of $241.50. With this loss, the cryptocurrency has erased all the gains for the month of April.

Each Bitcoin is currently worth $244. Image: https://www.tradingview.com/x/1GxTTBWt/ An analysis of the 240-minute BTC /USD price chart reveals that the damage has been done and the […]

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