Bitcoin Price Technical Analysis for 7/8/2015 – Go Short Now!

By August 7, 2015Bitcoin Business

Bitcoin Price Down. Bearish Overarching Momentum. Newsbtc Bitcoin Analysis. We had discussed in the previous Bitcoin price analysis Breakdown Coming? that Bitcoin is expected to breach the floor of the descending triangle, and according to the latest price action and the technical indications, the probability of that happening has increased significantly.

Bitcoin is currently trading down 1.41% at $277.10. Image: https://www.tradingview.com/x/8WClW3uY/ Technically, both the price action and the technical indicators have turned extremely bearish for […]

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