Bitcoin Price Advancing Slowly - Or Is It?

Bitcoin Price Advancing Slowly - Or Is It?

Bitcoin price has bounced from the recent low and is meandering with no clear direction - now up but with so much zigzagging - and then lower but the sellers don't have the stones to do what they really want in the chart. 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: 13h29 UTC. Bitstamp 1-Day Chart. From the analysis pages of xbt.social, earlier today: The 1-day Bitstamp chart shows price trading under a bearish 20MA (green)....


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Bitcoin Price Finds Intermediate Support

Bitcoin price is holding to a previous chart structure after finding support near 2900 CNY and $440. The 1hr 200MA has provided the support discussed in yesterday’s analysis. Currently price is holding an advancing line around the advancing Fib line that has defined price action for the past several weeks. Although the chart looks to be advancing we await a Buy signal before opening any position in the chart.

Bitcoin Trading Cautiously Approaching $300

Bitcoin trading has price straining to gain altitude. Advance is following an upward trajectory but the wave pattern is choppy - indecisive trade for the most part but with small surges that, at least, push to new highs. 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: 05h40 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price is advancing with difficulty, but is slowly making progress along a cautious....

Litecoin Price Technical Analysis for 18/2/2015 - Advancing Slowly

Litecoin price advanced slowly yesterday towards the north to score a high of around $1.90 on its way to the $2.35 resistance level. It seems that the bullish wave is going to continue on today to attempt to test the 62% Fibonacci retracement level at $2.35. By studying the 4 hour Bitfinex (LTC/USD) charts from tradingview.com and plotting the William's Alligator indicator accordingly (look at the below chart), we can better understand the pattern of the uptrend that was ignited on the 16th of January. The following can be observed by studying the chart: The moving averages of the....

Bitcoin Price Trading Sideways For Third Day

Bitcoin price has been ticking sideways in a narrow range for days. The more time passes the more uncertain the next move becomes. These are market conditions that should not be traded, and for those that must, namely CoinCompetition entrants, its no mean feat. 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: 16h57 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The advancing wave in the center of the....

Bitcoin Price to Test $400

The Bitcoin price appears to be hanging precariously on the edge of a cliff. However, the failure to decline from current levels strengthens the case that a move up is due. Update. Time of analysis update: 19h35 UTC. A strong surge to the upside is approaching the 1.618 target at $398. The structure of the advancing wave is unusual and it will be interesting to see how it develops. The momentum of the advancing wave implies it will advance beyond the 1.618 Fib extension - if not today, then after a retracement. A resumption of the larger decline seems unlikely today. Bitstamp 15-Minute....

Quotes

I am here to testify because I believe that global digital currency represents one of the most important technical and economic innovations of our time... As this technology moves from early adopters into mainstream acceptance, it is critical in my view that Federal and State governments establish policies surrounding digital currency.

Jeremy Allaire, the chief executive of Circle Internet Financial