Bitcoin Price Technical Analysis - Intraday - 23/02/2015: 239.00 Target

Bitcoin Price Technical Analysis - Intraday - 23/02/2015: 239.00 Target

A little earlier today we covered the decline in bitcoin price throughout yesterday afternoon's session, and the relatively flat action we saw as we approached the European open for Monday. Action has now matured, and a look at the bitcoin price on an intraday level offers up a bullish short-term bias, and the potential for further gains as we head into the US afternoon. So, with this in mind, what are the levels to keep an eye on? Let's take a look. Today's action has seen BTCUSD trade relatively erratically, though we remained within a downward sloping widening channel until about 2 PM....


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