Bitcoin Price Technical Analysis for 17/7/2015 - Buy, With Caution!

Bitcoin Price Technical Analysis for 17/7/2015 - Buy, With Caution!

Bitcoin prices have dropped more than 4% after it became official that Greece would receive funding from both the ECB and the EU and that the Greek banks will open from Monday. In my previous analysis titled Awkward Calmness, I mentioned that a major move was expected in the Bitcoin market and I think now might be a good time for that. Bitcoin is currently trading down 4.18% at $277.84. Technical analysis of the Daily BTC-USD price chart above confirms that the market has reached the support level and buying can be initiated but strict stop-loss should be put in place. Bitcoin Chart....


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