Is Bitcoin Trading Anticipating ClassicCoin?
Bitcoin trading has been holding price between technical constraints just above $400. The option of moving out of this range has been tried to the upside and down, recently, without igniting a meaningful trend. Classic(TM) dithering and consensus breach may be unnecessary, after all. After trading bitcoin price above $300 in October – and briefly attaining the mid $500s – the price chart has been consolidating in a narrowing range. During 2016, the range has narrowed to the chart area between $350 and $450 – a range wherein price is currently trading at the midway level near $400. A....
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Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800.
Bitcoin
Following a drop in price on Thursday, BTC was back in the green on Friday, as traders were preparing for the release of the non-farm payrolls report.
After adding 428,000 jobs in April, markets are expecting 325,000 jobs to be added to the U.S. economy in May.
The speculation on what this number will mean for the market has....
Bitcoin Price traded in a narrow range around $260 and 1,600 CNY today. Price has settled on the trendline that has supported advance to date, and the market seems to be anticipating a big move. Update: The price has touched $230 as anticipated as a current low in the trendline. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 09h00 UTC. Bitfinex 15-Minute Chart. Analysis quoted from xbt.social: The state of the 15-minute chart has moved closer to our expected Buy trade signal condition. The rising....