Bitcoin Price Technical Analysis for 25/5/2015 – Gains Diminished

By May 25, 2015Bitcoin Business

Bitcoin had a disappointing price action over the weekend, erasing most of the gains in quick succession. The cryptocurrency has been steadily reaching higher highs while retesting the support levels and has managed to edge and sustain above the strong resistance zone.

Owing to diminished gains, Bitcoin reports a price advance from $236.10 (since Friday’s observation) to the current $238.50 . From a trading perspective, Bitcoin is at a crucial price level.

Bitcoin Chart Structure […]

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