Bitcoin Price Technical Analysis for 06/30/2016 – End-of-the-Quarter Profit-Taking?

Bitcoin price could be in for another round of volatile action at the end of this month and quarter.
Bitcoin Price Key Highlights Bitcoin price has consolidated after its strong rally and correction in the past month. But with the end of the month AND quarter upon us, there’s a strong chance that traders would book profits off their recent positions. At the moment, bitcoin price appears to be showing a bearish flag pattern, which is typically considered a selloff continuation signal. Bitcoin price could be in for another round of volatile action at the end of this month and quarter.

This post was published at NewsBTC on June 30, 2016.

Comments are closed.