The fear and uncertainty being generated by the Fed’s inability to put its head on a block about how much and when, is sending the gold and bitcoin price rallies to the super full moon.
Bitcoin Price Analysis
Time of analysis: 15h20 UTC
BTC-China 15-Minute Chart
From the analysis pages of xbt.social, earlier today:
So far so good on our entry into this wave. The 1-hour chart did not give a clear entry signal, but the 15min chart gave an acceptible signal after building a wave base (circled).
Until the Fed has made its announcement the fear dynamic should keep pushing price higher. There is, as always, the risk that a large player takes profit and sends price into a downward Read more ... source: TheBitcoinNews