Bitcoin bounces up toward 200 hour MA and stays below keeping bears in control - ConsultFX

Bitcoin bounces up toward 200 hour MA and stays below keeping bears in control

Bears leaning.... The price of bitcoin took it on the chin earlier today - falling below the 100 hour MA and the 200 hour MA in the process (blue and green lines in the chart below).   The low extended to $13900 on the low. That was a bit short of some targets including the $13465 and Copyright 2015 Forexlive.com