Bitcoin Price Consolidating At $650

Bitcoin Price Consolidating At $650

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

Bitcoin price, that old rascal, had shook out a lot of longs to $650 and is now building base waves, to $650, for a pending launch toward the June top.

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: 14h00 UTC

Bitstamp 1-Hour Candle Chart


From the analysis pages of, earlier today:

Bitcoin price has returned to above its 1hr 200MA and the interim correction to $650 (Bitstamp) appears complete.

It is unlikely that price will fling straight into advance and more likely that bitcoin price first does what it does most often: consolidate prior to the next wave of advance.

A market truism states: “Sell the rumor, buy the fact”. This may seem inappropriate to

Read more ... source: TheBitcoinNews

News from Darknet


Read previous post:
SpaceBTC, the Latest Bitcoin Exchange to Serve the European Market

Brexit or not, Europe now has a new Bitcoin exchange! SpaceBTC, the latest Bitcoin exchange to open its doors to...