Bitcoin Price Technical Analysis for 06/13/2017 – Sharp Breakdown!

in #bitcoin • 8 years ago

·Bitcoin price was previously consolidating inside an ascending wedge pattern on its 4-hour time frame.

·Price broke to the downside to indicate that selling pressure is getting stronger.

·The longer-term uptrend remains intact and a test of the trend line support could be underway.

Read more here: http://www.newsbtc.com/2017/06/13/bitcoin-price-technical-analysis-06132017-sharp-breakdown/

#money #cryptocurrency #price #market
8 years ago in #bitcoin by
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     8 years ago 

    good analysis

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       8 years ago 

      After seeing yesterday crash I was wondering where the price could go.

      This morning BTC surprised me with a steady price increase. The trend looked bullish to me.

      Thanks for the analysys and confirmation.

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