Bitcoin Price – Decline Inside A Channel Of Advance

Bitcoin Price – Decline Inside A Channel Of Advance

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

The bitcoin price chart fell through another level of support earlier today, but is clawing its way back to $600. How will we know if the next upward wave is advance or merely a correction? The 1-day candle chart indicators give us clues.

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: 13h00 UTC

Bitstamp 1-Day Candle Chart


From the analysis pages of, earlier today:

After last night’s post price rapidly made its way down to the 4hr chart’s 200MA at $585 (Bitstamp), spiked below it, and is currently attempting to regain $600.

The OKCoin 3month futures contract 1-day candle chart is shown, for the reason that it shows leveraged trading and, therefore, exaggerated price

Read more ... source: TheBitcoinNews

News from Darknet


Read previous post:
Bitcoin Loses 25% in Five Days as Brexit Odds Fall, Ether Sinks

Bitcoin plunged for a fifth day as concern Britain will vote to leave the European Union waned and a hack...