Bitcoin Price Analysis: The 50 Day Exponential Moving Average is Big Resistance (Week of May 4)

By May 5, 2015Bitcoin Business

For timely updates on price updates, follow me @sammantic The Bitcoin price continues to be range-bound. This appears to be looking like the top of that range.  Last week the price was ~$225 USD as of this writing and now its at $234 USD.  It has attempted a few times to get above $240 USD, which is proving to be major resistance.  This is where the 50-day exponential moving average (insert link) now lies. […]

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