Bitcoin Weekly Analysis – Downside Risk Exists

By May 17, 2015Bitcoin Business

Story Highlights

Bitcoin after trading close to the 250.00 resistance area failed to maintain gains, and is currently heading lower.

Key Highlights Bitcoin after trading close to the 250.00 resistance area failed to maintain gains, and is currently heading lower. It remains at a risk of a downside break, which might take it towards 230.00. In one of the previous analyses we forecasted that Bitcoin might struggle to clear the 247.50-250.00 resistance area and […]

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