Bitcoin Price Bumped Down By $680 Resistance

Bitcoin Price Bumped Down By $680 Resistance

Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction.

Bitcoin price is being rejected by the prevailing $680 support and resistance level. The outlook remains that a consolidation is underway – prior to lift-off, but we keep a weary bearish eye on critical support just below price.

This analysis is provided by with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29.

Bitcoin Price Analysis

Time of analysis: 13h30 UTC

Bitstamp 1-Hour Candle Chart


From the analysis pages of, earlier today:

Bitcoin price is again falling away from the $680 (Bitstamp) resistance level (horizontal, dark blue) after failing to advance above it since yesterday’s higher low.

The chart picture still fits the outlook of consolidation to $650 (horizontal pale blue) prior to a block reward halving rally. The magenta arrow in the 1hr chart above suggests

Read more ... source: TheBitcoinNews

News from Darknet


Read previous post:
The Bitcoin Halving Will Trigger a Fear of Missing Out

Akin Fernandez is the owner of bitcoin voucher service Azteco and an active technology blogger under the pen name 'Beautyon'. In...