Tag Archive: Sideways Price Trends

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    Technical Analysis: Bitcoin Price Cycle Nearing a Close

    While fundamental analysts predict a continued rally to $1000 and beyond for the foreseeable future, technical indicators paint a more detailed picture. According to the charts, the ride up to $1000 will be bumpy, with periods of profit taking and resistance, especially around the $800 range.  Also read: Blockchain as the Matrix: Are We Entering a Virtual Life? Technical Analysis: Bumps in the Road Long-Term Analysis   Almost at the $820 technical objective level, a

    · June 19, 2016 · 3:00 pm