Bitcoin Price Trading Above $200
Bitcoin price breakout to the upside after completing a corrective decline over the past few days. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Price Analysis. Time of analysis: 14h30 UTC. Bitfinex 1-Hour Chart. A price surge from $192 happened following a few days of corrective consolidation to below $200 and $1,200CNY. A narrowing MACD indicator was the clue to an imminent breakout and today, around 09h00 UTC buyers started piling into the uptrend. The first obstacle was $222, the level of a Fib fan level displayed in the charts here....
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