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The bitcoin cost draft has reclaimed position above a $680 (Bitstamp) cost level. For now it looks like serve improvement is ruled out. A Fed rates announcement, after today, hangs over tellurian markets.
Bitcoin Price Analysis
Time of analysis: 14h00 UTC
Bitstamp 1-Hour Candle Chart
From a research pages of xbt.social, progressing today:
The bitcoin cost draft dipped next $680 support for many of currently before climbing above this vicious turn during a time of writing. The marketplace does not wish to pursue additional correction, though before we assume trend is up, it would be advantageous to wait for a Fed rates proclamation during 19h00 UTC.
At a prior Federal Open Market Committee