Bitcoin Price Analysis: Mixed Chart Indications

Bitcoin Price Analysis: Mixed Chart Indications

Bitcoin cost allege accelerated currently and pushed to $400 (Bitstamp) and 2740 CNY. Although a cost improvement is overdue, a allege is relentless.

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Bitcoin Price Analysis

Time of analysis: 15h00 UTC

OKCoin BTC/CNY Spot 1-Hour Chart

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From a research pages of xbt.social, progressing today:

Pushing above a poignant insurgency identified in yesterday’s analysis, a cost pattern’s call count has been revised from an ABCDE structure to a easier ABC correction.

The OKCoin BTC/CNY draft shows a paradoxical signals that have characterized a past dual weeks:

1) The final call tip has strike mixed Fib prolongation targets – this implies that a deeper improvement (or reversal) should now set in.

2) The fact that a allege has left parabolic means that it is fraudulent to call a top. The tip might not be in, nonetheless a



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