Bitcoin Price Technical Analysis for 18/8/2015 – The Pressure is Simply Too Much

By August 18, 2015Bitcoin Business

Bitcoin Price Down. Bearish Overarching Momentum. Newsbtc Bitcoin Analysis. I had said in the previous Bitcoin price technical analysis Can Bitcoin Survive This? with high optimism that the current price level may attract inflow to stem the decline. However, I have been proved wrong. The selling pressure is overwhelming the bulls, and a further increase may lead to a breakdown kind of situation in Bitcoin.

Bitcoin is currently available at $255.47, down 0.49 percent. […]

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