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Monday, July 10, 2017

Bitcoin Price Triangle Breakout Imminent, Investors Sense ‘Big Move’

Bitcoin Price Triangle Breakout Imminent, Investors Sense ‘Big Move’

Bitcoin’s price is about to break out in what commentators expect will be a “big move.”


Excitement among the cryptocurrency’s online traders is building Monday, as weeks of comparatively flat price action look to end soon.


Bitcoin has been trading on average between $2,400 and $2,800 since June 16, a considerably less volatile period to that which preceded it, according to data from Coinmarketcap.


Now, however, talk is growing of the virtual currency breaking out of its current triangle to set a new trend - up or down.


Full story at http://bit.ly/2uIHS2h


Source: CoinTelegraph


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