Bitcoin Price Pushing Higher
Bitcoin price broke above its narrow 4-day trading range. A strong resistance zone waits a few dollars above price. The corrective wave continued higher in a upside breakout during early Sunday in the US. The move is causing 4-hour RSI to reverse diverge to the February price high. This may cause a temporary pullback as the market re-attempts the resistance ceiling near $440 (Bitstamp). Low liquidity during weekend trade may see price reach the resistance ceiling (bright blue annotation) but the push would be too-far-too-soon and the resulting price spike may be retraced completely by....
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Bitcoin price surged higher, Saturday, on the surprise announcement of a Greek referendum that will decide the fate of the stand-off between Greece and her big bank creditors. Sunday saw a pullback but by early Monday morning advance was, once again, underway. Can the Bitcoin price push higher? What stands in its way? 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: 04h54 UTC. Bitstamp 15-Minute Chart. From the analysis pages of....
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The Bitcoin price started advancing on 28 June after Greek Prime Minister Alexis Tsipras announced a referendum following a deadlock in Greece's negotiations with creditors. The Day of Greckoning has arrived and, once again, trade is pushing higher. Will a Greek "No" vote spark a rally? 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: 14h52 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price is pushing....
Bitcoin Trading has been pushing price higher in jittery trade today. Small buying spurts are interjected with frequent bouts of selling. It is as if the market is not sure about advance, or fears a return to decline. A look at a larger timeframe chart sheds some light on which way trend is pointing. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Trading and Price Analysis. Time of analysis: 13h45 UTC. Bitfinex 4-Hour Chart. From the analysis pages of xbt.social: The 200MA (red) is a critical moving average of the Bitcoin chart. Its role....