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Bitcoin Price Analysis: Short-Term Bearish

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Bitcoin cost binds a laterally march given a $550 high, and a brief advancing call has paused during a time of writing. Some bearish technical indications are clear in a chart, though be discreet of offered only yet.

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Bitcoin Price Analysis

Time of analysis: 14h00 UTC

Bitfnex 15-Minute Candle Chart

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

Bitcoin cost done a run for a upside during a hours before to this research report. As we can see from a several magenta annotations in a chart, a pierce has caused dissimilarity in several indicators and there are technical reasons to trust that cost will spin down – even if it is just


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