Bitcoin Price Technical Analysis for 9/10/2015 - Mixed Technicals

Bitcoin Price Technical Analysis for 9/10/2015 - Mixed Technicals

Bitcoin sinks for the third consecutive day as market witnesses profit booking. Yesterday's loss also meant that Bitcoin retested the support line of the upward sloping channel, but unfortunately, there are no clear technical indications as to whether the buyers will again lift the price up or will the bears pull the price further down. But keeping a close watch on some key technical levels will be of utmost importance. Bitcoin is currently trading at $242.98, down 0.53 percent since yesterday. Apart from the trading pattern, traders must also heed the below-discussed technical....


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