dennisdaiber

BTC/USD testing 200-day MA

BITSTAMP:BTCUSD   Bitcoin
Right now the 200-day moving average serves as a resistance that bitcoin is reaching to test. VPVR also indicates that there is a very little volume that is usually traded at the current price. So, we might expect BTC to slip back down to $8700-8600 for support or break above the psychological level at $9,000.

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