Bitcoin Price Technical Analysis for 13/8/2015 – Bulls Weak

By August 13, 2015Bitcoin Business

Bitcoin price has fallen by 1.14 percent as bulls caved under the selling pressure and breached a crucial Fibonacci support level. At $267.15, Bitcoin could witness continued dumping and is expected to hit $256, if $260 is pierced. Image: https://www.tradingview.com/x/7gOC1U9T/ A technical check of the daily BTC-USD price chart has been given below.

Bitcoin Chart Structure – As can be seen, Bitcoin failed to sustain above the $270-mark and is now nearing its recent […]

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