Bitcoin Price Not Trading Lower
A small energetic bitcoin price wave has developed to the upside in today's chart. It initially appeared to be an upward correction prior to the next wave down, however, its angle of ascent is more characteristic of advance. 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: 16h21 UTC. Bitfinex 15-Minute Chart. Why The Preference For BTC-China Charts In Analysis? From the analysis pages of xbt.social, earlier today: Scanning the chart one....
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Bitcoin price is caught in a negative social mood. Trading below the critical $400 level, and descending, what can we say? Price is drawing lower beneath its 200-period moving average. It is not clear if we’ll see $300 eventually, but negative mood pulls the king of commodities lower. The amount of money invested in Bitcoin Core is large. Silicon Valley seems to think that they can disrupt that investment with a nilly-willy fork. That’s not clear thinking. Censorship-resistance means that Bitcoin Core remains a permanent feature and Classic(TM) and Unlimited will never succeed, like the....
Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session. As of writing, the global cryptocurrency market cap is currently trading 2.85% lower. Ethereum also dropped lower on Monday, with prices moving away from a recent high above $2,000.
Bitcoin
After a brief stint above $25,000 over the weekend, bitcoin (BTC) was trading in the red to start the new week.
On Sunday, BTC/USD hit an intraday high of $25,135.59, however the world’s largest token slipped to a bottom of $23,960.03 today.
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Ethereum price looks like found barriers on the upside against the US Dollar and Bitcoin. ETH/USD broke a support area at $10.20 and currently trading lower. Key Highlights. ETH price after making a top near the $11.40 level against the US Dollar started trading lower. Yesterday’s highlighted connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was broken. The price closed below the $10.00 handle and looks set for more declines in the near term. Ethereum Price Downside. We saw recently an upside surged in ETH price against the US Dollar, as it traded above....
Key Highlights. Litecoin price is currently trading near a major support trend line on the hourly chart (price feed from Bitfinex), which may act as a catalyst for the next move. If sellers manage to take the price lower, a move towards $3.10 is possible in the short term. The hourly RSI (based on the price feed from HitBTC) settled below the 50 level, which is a bearish sign. Litecoin price is trading near a crucial support area, which means it remains at a risk of a break lower moving ahead. Move towards $3.10 is possible? We highlighted yesterday that the $3.40 resistance area remains a....
Ethereum traded to a new all-time high at $2,646 before correcting lower against the US Dollar. ETH price is now trading below $2,300, but it is likely to remain well bid above $2,000. Ethereum rallied to a new all-time high near $2,646 before correcting lower. The price is now trading well below $2,300 and the […]