Bitcoin Price Technical Analysis for 8/6/2015 – The Wait Gets Longer!

By June 8, 2015Bitcoin Business

Bitcoin erases weekend gains as profit booking sets in

Floor of $220-222 firmly established

Consolidation may extend, so remain patient and short on rally Bitcoin is currently trying to form a temporary support near $220 and rise higher. Even during the weekend, the cryptocurrency dropped to $219 before rising up to $225.48 which was immediately followed by profit booking. As a result, Bitcoin erased all the weekend gains and is currently trading at $222.63, […]

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