Bitcoin Price Back In Decline?
Bitcoin price made another low to near $280 (Bitfinex) and 1750 CNY (BTC-China) during the late Friday US session. Questions about the direction of trend abound and xbt.social makes the case that advance above $300 will soon resume. 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: 14h42 UTC. BTC-China 1-Day Chart. From the analysis pages of xbt.social, earlier today: Prudent traders will have been stopped out at a profit during the last....
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Bitcoin price has climbed back above $400 and 2700 CNY. Whether this is a new wave of advance, or merely a correction prior to more decline remains to be seen. It is within the realm of possibility that the market trade price all the way back to where this decline started last week. More likely, is that the market contest price at current levels, thereby forming either a corrective pattern setting up additional decline or a new base for advance. However, there is not yet a resolution about the looming hardfork, so negative feeling may persist and decline eventually resume. Bitcoin price....
Blackcoin. Throughout its brief lifespan, Blackcoin has defied expectations and found success in the wild-west of the altcoin markets by innovating with features such as Blackhalo. However, the Blackcoin price has declined quite a bit since peaking in mid-April. The Blackcoin price decline continued over the past week. CCN examines this altcoin price decline. Also Read: Blackcoin Replaces Litecoin on Cryptocurrency Exchange Bittrex. Blackcoin Price Falls Back into the Red. After declining for the bulk of the Summer, the Blackcoin price rallied in September, reaching 15,900 satoshis due to....
Bitcoin price has pulled back from its highs near $420. It is not immediately clear if this is merely a price correction or a reversal back into decline. Price had been holding near today’s high at the 4-hour chart’s 200MA. On the last pull lower, price had triggered our xbt.social 1-hour dynamic stop loss and the buy trade is closed. What happens next will be interesting, since we will now see whether trend continues higher or reverses back into decline. Directly overhead is the resistance ceiling (pale blue) that currently overlaps a 2.618 Fib extension of the initial wave of advance of....
Profitability in digital assets such as Ethereum is important to investors in the space. With the decline following the bull market, a good number of ETH investors have seen the profitability of their holdings decline significantly. It had fallen below 50% when the price of ETH had broken below $1,000 last month. However, with the recovery at the beginning of August, Ethereum had rallied as high as $2,000, and now the majority are back in profit. 56% Of Investors In Profit The price of ETH had been rejected at the $2,000 level, which had seen the price decline once more to the $1,500....
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