Bitcoin Price Post-Halving Calm

Bitcoin Price Post-Halving Calm

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Bitcoin cost binds solid and a prerogative halving has not seen any surprises in a mining sector. Price seems to be scheming for allege – not now – so, time to do something else than check a bitcoin cost draft like a squirrel for nuts!

This research is supposing by xbt.social with a 3-hour delay. Read a full research here. Not a member? Join now.

Bitcoin Price Analysis

Time of analysis: 13h00 UTC

Bitstamp 4-Hour Candle Chart

Selection_20160710_006

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

The “halvening” caused no evident fireworks, other than a pointy dump a few blocks before to a event. Yet, we did not see a new low and cost is holding a laterally path.

The cost call given final week’s low has a demeanour of converging about it. However, we won’t bottom any trades on such a tea-leaf reading: there is now no transparent vigilance to possibly instruction in a 4hr draft above. In fact, a Bollinger Band application around MACD (magenta arrows) suggests ongoing consolidation.

If cost is



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