Market Jitters As Bitcoin Price Approaches $300
A swift Bitcoin price correction from $295 and 1838 CNY erased a lot of today's gains. Although the market seemed more intent on advance during today's session, the return of selling nerves may see the correction linger for a while. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h54 UTC. Bitfinex 15-Minute Chart. From the analysis pages of xbt.social, earlier today: The price reversal happened from a lower level than anticipated and....
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Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to go through. The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous phenomenon of trade jitters on other crypto exchanges. Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to go through.Just learned a new word, jitters. On 1 particular exchange, sometimes your....
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Last week was the first down week for bitcoin in awhile, although we can’t say it wasn’t expected considering the technicals had been telegraphing a correction since we broke up through $700. Now price is hovering around that $700 level on what we think are pre-election nerves. Last week was quite interesting from a price action perspective given that we reached a high of $745 before breaking near term market structure thus allowing the bears to get active. Additionally, rumors swirled about China cracking down on bitcoin capital outflows, a still unconfirmed theory, which combined with a....
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