Bitcoin Trading Up For a Rally
Bitcoin trading rallied price through resistance in the $240 / 1500CNY area earlier today and achieved a high of $252 (Bitfinex) and 1578 CNY (BTC-China). During the past few hours, a retracement has returned price to earlier resistance for a retest accompanied by strong reverse divergence. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Trading and Price Analysis. Time of analysis: 13h42 UTC. Bitfinex 1-Hour Chart. From the pages of xbt.social, earlier today: The 1-hour chart shows that price reached the upper edge of the zone of....
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