Bitcoin Price Analysis: Bitcoin Could See Continued Growth if Support Holds

Bitcoin Price Analysis: Bitcoin Could See Continued Growth if Support Holds
фото показано с : bitcoinmagazine.com

2019-5-30 23:11


Summary:Bitcoin is currently perched between a well-defined band of prices outlined on both the weekly and monthly timeframes.As we float between the weekly/monthly horizontals, volume is beginning to diminish on both the supply and the demand sides. However, what little supply has surfaced has appeared to be absorbed. If we can maintain support on our weekly $8,200 level, we can expect to see the market push to test the upper boundaries of the resistance in the $9,200 to $9,500 range.However, if support does not hold and we manage to fall through, we can expect to see a much deeper test and potentially revisit the $6,400 to $6,800 range.

Trading and investing in digital assets like bitcoin is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information onBitcoin Magazine and BTC Inc sites do not necessarily reflect the opinion of BTC Inc and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.

This article originally appeared on Bitcoin Magazine.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 76432.58 (-0.26%)
Объем 24H $67.515b
Изменеия 24h: -3.06 %, 7d: -14.00 %
Cегодня L: $75367.21 - H: $76794.37
Капитализация $1527.326b Rank 1
Цена в час новости $ 8505.56 (798.62%)

bitcoin weekly see support however supply necessarily

Источник: bitcoinmagazine.com

bitcoin weekly → Результатов: 126


Bitcoin Weekly Chart – What is BTC Telling Us?

GREEN CANDLES! When moon? We’re going to $10,000 now! Just some of the terms you see flying about in the crypto community the past week via various social media platforms. But if we just take a step back and zoom out, what is the Bitcoin weekly candle signaling or hinting? I always like to analyze […] The post Bitcoin Weekly Chart – What is BTC Telling Us? appeared first on ZyCrypto.

2019-4-7 11:45


Фото:

Bitcoin ETFs Will ‘Remain Rejected’ Despite SEC Review, Says Analyst

Bitcoin exchange-traded funds will “remain rejected” despite US regulators ordering a review into why it rejected one of them, a market analyst forecast August 27. 9 ETFs ‘Will Remain Rejected’ In weekly comments on cryptocurrency and traditional markets, Mati Greenspan, CEO of UK-based hybrid trading platform eToro, described the decision to look into the US Securities and Exchange Commission’s (SEC) rejection of the Winklevoss ETF “largely a procedural protest.

2018-8-28 22:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru