Bitcoin can't break above long-term trend line, looks set to resume slide

The rally to begin the week pushed the price of bitcoin toward $ 9,100 and near two key technical levels—the 50-day moving average at $ 9,401 and the 200-day moving average at $ 9,223. However, after failing here, bitcoin could be set to resume its selloff. Chart watchers use moving averages to help …
Google Alert – bitcoin