Bitcoin Price Tell Me You’ll Be True

Bitcoin Price Tell Me You’ll Be True

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Bitcoin cost is climbing in a choppy advance. Is this a bottom of a vast advance, or only an ceiling improvement in a laterally spell?

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: 14h00 UTC Friday

Bitstamp 4-Hour Candle Chart

Selection_20160826_004

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

No revelation what is function in a chart… a setup for advance, or decline? Or a prolonged converging above $550?

The 1hr draft (not shown) continues to vigilance extravagantly and we compensate it no mind. However, a 4hr draft (above) is engaging since it had formerly given us a fake buy signal, and is now on a verge of signaling a sell signal. Do we trust it?

Not but 1hr confirmation, and a 1hr draft is nowhere nearby signaling decrease in any of a indicators.

Either cost is climbing support along a rising grey trendline or – if cost breaks next a trendline – will find support at



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