Daily Bitcoin Price Analysis: Buyers And Sellers Are Waiting
Yesterday, Bitcoin’s price was around $442 and $447 and could not overcome the level of $450. On Monday, January 11, 2016 the crisis in the global stock markets continued, and trading ended with a negative value. The main reason for the crisis is still China, whose stock market fell by 4%. Considering this, Bitcoin has every reason to rise to $465. However, buyers and sellers have been slow and cautious. The movement of prices below $440 could cause a turn and descent of Bitcoin’s price to the nearest psychological level of $430. In turn, this reduction could lead Bitcoin to test the....
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