Bitcoin trading has been holding price between technical constraints just above $400. The option of moving out of this range has been tried to the upside and down, recently, without igniting a meaningful trend. Classic(TM) dithering and consensus breach may be unnecessary, after all.
Bitcoin Trading And Price Analysis
Time of analysis: 13h30 UTC
OKCoin 3Month Futures 4-Hour Chart
From the analysis pages of xbt.social, earlier today:
Although the chart is primed for a strong directional move, it seems the market is at a loss for direction at the moment.
The OKCoin 3Month futures chart has been chosen, arbitrarily, and shows the larger 4-hour timeframe. The 20-period moving average (green) and 200-period moving average (200MA, red) are included in the chart as well as two declining channels and a support zone just