BITCOIN PRICE HAMMERING SUPPORT

Whether already underway or still to unfold, a wave ‘C’ to the upside may target 1500 CNY / $242 – the location of the longer-term upside resistance level previously discussed in these articles. We take a close-up look at Bitcoin price action and its interaction with the momentum indicators.
Bitcoin Price Analysis
Why The Preference For BTC-China Charts In Analysis?
From the analysis pages of xbt.social, earlier today:

This post was published at Crypto Coins News on 28/05/2015.