Bitcoin Price Technical Analysis for 11/11/2016 – Resistance Turned Support

Bitcoin price pulled back from its recent rally and is finding support at a former resistance level.
Bitcoin Price Technical Analysis
Bitcoin price is currently testing an area of interest and might be due for a bounce. The broken resistance around $715 is holding as support for the time being. Technical inflection points are also lining up with this area of interest. Bitcoin price pulled back from its recent rally and is finding support at a former resistance level.

This post was published at NewsBTC on November 11, 2016.