Monday, October 23, 2017
Home The Bitcoin News Bitcoin Price Bulls Try Again

Bitcoin Price Bulls Try Again

Bitcoin Watch Shop

Bitcoin cost is trending aloft and a bulls might have found their nads. It’s a suppositional certainty that they will eventually mangle by insurgency and strike out for $500, though will it be this time?

This research is supposing by xbt.social with a 3-hour delay. Read a full research here. Not a member? Join now and accept a $29 bonus regulating a formula CCN29.

Bitcoin Price Analysis

Time of analysis: 13h00 UTC

BTCC 4-Hour Candle Chart

Selection_20160525_003

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

Tempting as a past dual days’ ceiling curving cost call looks, now would be a wrong time to go long.

Price is reaching a 4hr 200MA in some exchanges and both a 4hr and 1hr draft uncover RSI retreat divergence. Note in a BTCC chart, above, how a 4hr 200MA (red) was deserted with joviality on Monday.

The ceiling swell might continue, though a indications are that during slightest a improvement is due – if not full-blown annulment behind into decline.

The


Read more ... source:

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
BTC: 1FVCSiK2ErerjH1kBP4VLS5LqR3YzmVeXf
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824

Read previous post:
Ireland Embraces Cryptocurrency & Fintech Solutions

Forget what you know about Silicon Valley and the Canton of Zug. There’s a new blockchain and digital currency hub...

Close