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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


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Bitcoin Price Analysis: Heading into the Weekly Close

As Bitcoin price approaches the weekly candle close we take a look at what’s going on in the market following two weeks of relatively indecisive price action at yearly support of $6,000. Daily Chart Looking that the daily chart, after finding support at $6k in the previous week, Bitcoin price have traded at highs of $6,900 during the week, where resistance has been found which has been typical where previous support has been found at Read More The post Bitcoin Price Analysis: Heading into the Weekly Close appeared first on Bitcoinist.com. дальше »

2018-8-26 19:00


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