Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs, creating a symmetrical triangle formation on the 1-hour time frame. Traders are likely holding out from placing any large positions ahead of the top-tier FOMC interest rate statement. A breakout in either direction could set the longer-term direction for bitcoin price action.
The post Bitcoin Price Technical Analysis for 03/15/2017 – Waiting for the FOMC Breakout appeared first on The Bitcoin News – Decentralised Bitcoin and Crypto News.
Source: Bitcoin News

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