Bitcoin Price Technical Analysis for 20/4/2015 – Triangle Support

By April 19, 2015Bitcoin Business

Rolling out microplatforms, $2.25M, Investors from Last week, bitcoin found support just above 216 and rebounded to about 230. After that, it ended the week with a bearish continuation attempt, which held back as it found support at a common support around 220. (click to enlarge) Here are some observations in the 1H chart:
1) Price is under the 200-, 100-, and 50-hour SMA, which means it still maintains a bearish bias as […]

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