Bitcoin Price Returns From Altitude
Bitcoin price made reentry last night and bounced at $300 and 1800 CNY after trading at almost double those prices less than a week ago. How low could it go? 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: 15h27 UTC. BTC-China 4-Hour Chart. From the analysis pages of xbt.social, earlier today: A massive move lower came as a shock - not because it declined - but because it did so without clear signaling in the chart - preventing us from....
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Average year-to-date returns for the top-four North American bitcoin miners are up to 140%, versus bitcoin price returns of 49%.
Bitcoin price is under the control of the bears. Cynical sellers are pulling us lower according to their sense of Bitcoin’s value. Bitcoin Core is 100% censorship resistant and will never go away. A drop lower closes the 1/4 size position Buy trade at $380 (Bitstamp). The drop is interesting because it did not achieve a new low – well, that may still follow later – and price has halted at a longterm supporting Fib trendline. If price can maintain position here, we may see a surprise reversal to the upside, as happened in September last year. In this scenario we need to wait for price to....
Ethereum prices dropped on Wednesday as traders decided to secure their short-term profits at the cryptocurrency’s sessional high. The second-largest blockchain asset plunged by up to 4.92 percent to its mid-March support level of $1,771. Its move downhill appeared mostly due to its strong positive correlation with Bitcoin, the world’s leading cryptocurrency by market cap. […]
Bitcoin price has begun to slowly lose altitude below $580 (Bitstamp). As usual, exuberant buying continues at the wave top, so upward spikes may still form. Analysis looks for the initial confirmation of a downward price correction. As the OKCoin September futures contract opened today, price surged to near $616 in that chart. Although it was not a new futures high, it does speak of the bullish sentiment of traders with regards to the late-July reward-halving event. The other exchange charts remained subdued – most of them putting in a lower high for the day. We now keep an eye on price....
In September, the Darkcoin price broke out of a slump and surged at an impressive rate. However, Darkcoin could not sustain that massive amount of investment capital, because the Darkcoin price climb turned into a price bubble that popped during the latter half of September. But it appears the decline may be over and that Darkcoin is returning to its mean price level. Also Read: Darkcoin 2.0 Open Source - Can Darkcoin get it's mojo back? Darkcoin Price Returns to Mean After September Price Bubble. During the early portion of September, the Darkcoin price hovered around 590,000 satoshis. On....