Is Bitcoin Trading Anticipating ClassicCoin?

Is Bitcoin Trading Anticipating ClassicCoin?

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.

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Bitcoin Trading And Price Analysis

Time of analysis: 13h30 UTC

OKCoin 3Month Futures 4-Hour Chart

bitcoin trading

From the analysis pages of, 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

Read more ... source: TheBitcoinNews


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