Bitcoin Price Hovering At $400

Bitcoin Price Hovering At $400

Bitcoin price declined below 1hr chart support in early trade, today, after which price has been drawing sideways. At the time of writing it appears likely that another wave of decline is on the cards. The bitcoin price chart shows indications that favor continuing decline, although confidence is still low so close to the top of the advance. Price action at wave turnings can often extend to a new price extreme as the market adjusts to accept reversal. Although decline seems likely, the bulls can spring another wave to the upside, so refrain from betting too big at the moment. Better trade....


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