Bitcoin Price Slipping From Highs

Bitcoin price has lost most of the volatility that got it to this altitude, and trade is now cooling down into a slight decline. Today, price lost the $250 level and may need to correct still lower in order to resolve the recent surge.

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Bitcoin Price Analysis

Time of analysis: 15h11 UTC

Bitfinex 15-Minute Chart

Bitfinex 15-Minute Chart

Also Read:Why The Preference For BTC-China Charts In Analysis?

From the analysis pages of, earlier today:

A brief update this morning because nothing in the price chart has changed since yesterday’s analysis.

Just prior to 12h00 UTC, MACD is at its center line (zero) after making a reverse divergence to the downside. The RSI and stochastic indicators [not shown] are in neutral territory, as is price – midway between the level of the

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