Bitcoin Price Analysis: The Bigger the Base, the Higher the Space?

Bitcoin Price Analysis: The Bigger the Base, the Higher the Space?
Bitcoin continues to trade near yearly lows and many investors are taking comfort in the popular saying, ‘The bigger the base, the higher the space.’ but has the digital currency actually found a bottom yet? Daily Chart This week BTC struggled to break above the descending triangle bottom and so far has traded in a tightening $400 range. Later in the day, Bitcoin dipped below the 20MA and short-term technical charts remain biased toward bears.Read MoreThe post Bitcoin Price Analysis: The Bigger the Base, the Higher the Space? appeared first on Bitcoinist.com. For Further Information Click on Below Button
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