Bitcoin Technical Analysis for 18/5/2015 – Shorting Opportunity

By May 18, 2015Bitcoin Business

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Bitcoin reels under pressure after breakdown from crucial support level

Short on rise for a target of $230 Maintain a stop-loss above $240 Bitcoin has presented before us an attractive trading opportunity to start the week. After breaking below a crucial technical support level, the digital currency has weakened considerably and may continue to depreciate in market value until it touches $230. Trading under pressure, Bitcoin is currently worth $234.97. Technically analyzing […]

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