Bitcoin technicals: Consolidation continues for Bitcoin - ConsultFX

Bitcoin technicals: Consolidation continues for Bitcoin

100 hour MA catching up to the price The consolidation continues for bitcoin since the run to upside stalled on Friday.  Looking at the hourly chart, the consolidation is allowing the 100 hour MA (blue line) to catch up to the price. There is still a gap between the MA at $5462.17 and the price, but with Copyright 2015 Forexlive.com