Bitcoin cost achieved $550 in a Bitstamp chart, today. With Bitfinex already carrying peaked to $570, it looks like cost will now scold a call of allege before pulling higher. Technical research looks for acknowledgment of a move, as good as a intensity targets.
Bitcoin Price Analysis
Time of analysis: 15h00 UTC
Bitstamp 1-Hour Candle Chart
From a research pages of xbt.social, progressing today:
Bitcoin cost continues swinging reduce notwithstanding sustained, despite low, shopping volume. While a other exchanges drew laterally during a past 24 hours, Bitstamp done a shaft for – and strike – $550.
By now, a 1-hour candle draft indicators are confirming a successive pierce lower:
1) a stochastics (top) would typically find to organisation during their reduce impassioned before we could quietly call a disappearing call over.
2) RSI is still holding above