Tag Archive: Market congestion

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    Technical Analysis: Light at End of Tunnel for Bitcoin Price

    The bitcoin priceĀ has accomplished its first technical cycle, and a congestion area could instituteĀ a trading box for the next 3 months, depending on fundamentals, political factors and news before a new rise to the annual objective near $1800 USD. Also read: Bitcoin and Brexit: Did the Great UK Debate Move the Price? Bitcoin Price Headed for Period of Congested Trading Long Term Analysis Prices had arrived to their long term technical objective, ending the cycle.

    · June 28, 2016 · 5:00 am