Bitcoin, now trading at $434.67, has successfully breached the first resistance of $416, discussed earlier in Bitcoin Could Be Preparing For A Mega-Bull Rally. At the current level, Bitcoin is repeatedly testing the next overhead resistance beyond which lies a huge upside. The technical indicators are also becoming conducive for a bullish breakout. In this […]
Tag: Bitcoin price technical analysis
Bitcoin Could Be Preparing For A Mega-Bull Rally
There is great news for bitcoin bulls. As IBM proves it’s serious about the bitcoin blockchain, the market is moving higher and improving the case for a breakout that may very well open the doors to huge upsides. In this article, we will discuss the latest technical indications using the daily BTC-USD price chart taken […]