Bitcoin Price Analysis: Bull Trap? (Week of October 19)

By October 19, 2015Bitcoin Business

Last week’s article stated: “So far this has been a self fulfilling prophecy of bullishness as price has lifted with both volume and the OBV. The major problem however, is that while price has risen it has been rather modest on what is much higher than average volume for bitcoin compared to normal levels. At the same time the RSI is bullish, but reaching toward an oversold level, which it will certainly hit if […]

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