30 Aug '16, 3pm

Bitcoin Price Outlook Above $550 Positive

Bitcoin Price Outlook Above $550 Positive

If the market can keep price above the $550 support zone we may be looking at the formation of a base pattern prior to an advance toward $680. The smart strategy in the current chart is to wait for price to advance above $600, since that will open the way to $680, while allowing the market to go through the motions if it is indeed building a base pattern for advance. Patience is required before taking position since more market shenanigans are likely.

Full article: https://www.cryptocoinsnews.com/bitcoin-price-outlook-550...

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