Technician

Playing BTC with Moving Averages

BITSTAMP:BTCUSD   Bitcoin / Dollar
326 0 3
Price managed to break the rising channel , with a confirmation on momentum, but still we haven't seen both moving averages crossover to confirm a trend reversal. Accordingly, bias turned from bullish to neutral, but hasn't reversed to bearish yet.
A push back above potential resistance around 875.00 could trigger a new bullish wave

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