Bitcoin Price Intermediate Correction

Bitcoin Price Intermediate Correction


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Bitcoin cost has begun to solemnly remove altitude next $580 (Bitstamp). As usual, generous shopping continues during a call top, so ceiling spikes might still form. Analysis looks for a initial acknowledgment of a downward cost correction.

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Bitcoin Price Analysis

Time of analysis: 14h00 UTC

Bitstamp 1-Hour Candle Chart

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From a research pages of xbt.social, progressing today:

As a OKCoin Sep futures agreement non-stop today, cost surged to nearby $616 in that chart. Although it was not a new futures high, it does pronounce of a bullish view of traders with regards to a late-July reward-halving event.

The other sell charts remained resigned – many of them putting in a reduce high for



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