Bitcoin (BTC/USD) Technical Analysis for Feb 19, 2018

in #btc8 years ago

Full content FXDailyReport
Bitcoin recently broke out of its descending channel to show that a longer-term climb is underway. Price is now trading above a short-term ascending trend line and might be due for a bounce off the broken resistance. This also lines up with the 200 SMA dynamic inflection point.

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