Market Analysis 11/9 – 11/15
Bitcoin is yet again recovering from its weekly low of $321 and is currently sitting at $360 range, around a 10% increase in the last 10 days. We have been in the dumps for quite a while now, and it sure seems the market is turning for the good. While progress has stalled around the $370 mark, the constant volume and low prices may prove to be enticing enough for investors to get in at this position. Two coins that really bounced back was Counterparty as well as Darkcoin, with Counterparty going from $3 dollar range with it now sitting at $5.20. As you can see just today Counterparty has....
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xbt.social analysis has been biased to a decline below $240 for the past week. Yesterday, Bitcoin price dipped below this important support level twice before retreating again this morning. Following a pullback, it is anticipated that the market will return price to this level - a break below it implying decline to at least $235. Readers are alerted to a new analysis update schedule: starting today, daily Bitcoin price analysis will be published at the start of the day (UTC). Articles will be updated with major market events, during the course of the day, where appropriate. This analysis....
Bitcoin has consolidated in a tight $1,000 range since the start of September, at least until recently. The leading crypto-asset is in the midst of a breakout that has brought it as high as $11,500. As of this article’s writing, Bitcoin trades for $11,350, around 5% above where it was yesterday. Crucial market cycle analysis suggests that the crypto market has room to grow from here. The analysis suggests that within the next three months, […]
Bitcoin value is holding price above support near $275 and attempts to sell price down have been foiled by strong buying support. Analysis considers market psychology at the current juncture in the chart, as well as potential outcomes. 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: 06h43 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The 1-day 20MA is currently located at $274.80 in the Bitstamp chart....
Bitcoin price action is awkward due to hesitancy and frequent profit taking. Yet, price has continued pushing higher all day and we look at the prospects going into tomorrow's Fed Rate announcement. 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: 14h30 UTC. BTCC 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The bitcoin price chart looks to be pushing higher despite tomorrow being a day best spent out of the market.....
Bitcoin price action has not made any significant change since the last analysis update. A review of the largest significant timeframe used for analysis reveals that a battle is raging at current levels in the charts. 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: 12h09 UTC. BTC-China 1-Day Chart. Also Read: Why The Preference For BTC-China Charts In Analysis? From the analysis pages of xbt.social, earlier today: The 1-day chart shows....