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Bitcoin cost done a visual high during $705 (Bitstamp) and was afterwards sole off to $650 for a generation of a day. What a marketplace does subsequent will establish trend for a subsequent week.
Bitcoin Price Analysis
Time of analysis: 15h00 UTC
Bitstamp 1-Hour Candle Chart
From a research pages of xbt.social, progressing today:
The low retracement that was expected in analysis, final week, has set in and we see a charts now holding support during $650 (popular USD exchanges) and 4350 CNY. The turn also corresponds to a trendline (magenta) drawn from a turn from that a visual allege started.
There is no revelation what a marketplace will do next. One scenario