Bitcoin Price Smash Down

Bitcoin Price Smash Down

Trading pulled the Bitcoin price from $268 to $228 (1665 to 1407 CNY) on Sunday after an exuberant high was achieved earlier in the day. Profit-taking changed into cynical short selling until price reversed from support near $230, as discussed below. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Price Analysis. Time of analysis: 12h03 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The sell-off was relentless and retraced almost 76% of the prior advance. It is not unusual for a wave 2 (such as this) to....


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