A quick technical look at bitcoin. Intraday sellers trying to keep control (for now) - ConsultFX

A quick technical look at bitcoin. Intraday sellers trying to keep control (for now)

Held below 200 bar MA on 5- minute chart. Formed a double bottom below looking quickly at the five minute chart for bitcoin, the last rally stalled right against the 200 bar moving average on the 5-minute chart. That moving averages currently at 9825.22 (and moving lower). Stay below keeps the sellers more in control. A Copyright 2015 Forexlive.com