Bitcoin Price Rally Delayed

Bitcoin Price Rally Delayed

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

Bitcoin price has faked advance, and now proceeds to retest the consolidation zone near $570 (Bitstamp).

This analysis is provided by with a 3-hour delay. Read the full analysis here. Not a member? Join now.

Bitcoin Price Analysis

Time of analysis: 13h00 UTC Tuesday

Bitstamp 4-Hour Candle Chart


From the analysis pages of, earlier today:

For traders to get themselves in profitable trades, they only need to follow a method and apply the required discipline to stick to their method. And then, evidently, sometimes you have to defy the method! What a life.

At xbt,social we saw powerful bullish signals forming in the intermediate timeframe charts, during the past week, but decided on $600 as the trigger to entry. Precisely because the bitcoin market fakes-out prior to advance.

The chart signals have been out of sync during the past week – with larger timeframe indicator buy signals not being confirmed by their smaller timeframe companions making concurrent signals.

If the market was rushing into a rally then it would have attacked

Read more ... source: TheBitcoinNews

News from Darknet


Read previous post:
Syscoin Creators Introduce Blockchain Foundry; to Launch Blockmarket

The creators of Syscoin, a cryptocurrency designed to replicate the zero cost financial network of Bitcoin and offer other innovative...