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Saturday, June 10, 2017 10:27:52 AM
Bitcoin price was straining back from its latest rally, possibly magnetizing more bulls at the area of notice.
Bitcoin price has been gravitating higher, motioning inside what materializes to be a rising channel when I look at this bitcoin chart. Maybe I'm just seeing things & reading this incorrectly? Bitcoin price was currently in correction mode and was obviously due to test support again. The bulls defended that support space, and now you are seeing bitcoin price resume its climb to the recent highs or create new ones. PURE SPECULATION, it's just my opinion.
Stochastic was evidencing down to indicate that the sellers were in domination of price action. RSI was also on the variation downwards to reflect the existent of bearish momentum. However, both oscillators hit the oversold range and made a higher deviation, governing to buying pressure which is leading to a continuation of the ongoing overall uptrend in the price of bitcoins.
Someone Read the BITCOIN CHARTS please, I'm not that good so I probably need some verification.
Also,
What I'm seeing is a baby steps being made for CCTL website from the attempts of the current CEO, I believe he gets it. CEO also needs to work at getting current with the SEC
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