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Bitcoin Price Squeeze Into Decision-Time

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Bitcoin cost is trade into a squeezing operation and a marketplace will shortly be forced to select a direction. Upside options are singular while a long-term indicators lapse to neutral, and if a outcome is decline, it will hopefully be contained above $500.

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Bitcoin Price Analysis

Time of analysis: 15h00 UTC

Bitstamp 1-Hour Candle Chart

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

1-Hour MACD (panel above price) is consolidating to 0 with a Bollinger Bands contracting, indicating a low sensitivity still that customarily precedes a directional cost move.

Price has hold next a 1-hour candle chart’s 200MA (red) given entrance down from a convene top. During a past day a marketplace has


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