Bitcoin Price Technical Analysis for 16/6/2015 – Breakout Achieved, Next Target $245?

By June 16, 2015Bitcoin Business

Bitcoin breaks above crucial resistance on strong momentum

Next target at $245 likely if resistance at $238-240 is overcome

Bitcoin is overbought, so wait for a correction to buy Bitcoin has crossed the crucial resistance mentioned in A Breakout Everybody’s Waiting For! , rising roughly 1.54% to trade at $235.75. The price appreciation has also led to overbought valuation for Bitcoin which might face stiff resistance from the next supply region at around […]

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