Bitcoin Price Weekly Analysis – BTC/USD Buy Targets Achieved
Bitcoin price spiked higher recently against the US Dollar, and registered a new weekly high to fulfil our last week’s target. More gains likely? Key Points. Bitcoin price surged higher further this past week versus the US Dollar, as forecasted in the last week analysis. There was a bearish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which was broken to open the doors for more gains. The price traded as high as $675, and currently correcting lower. Bitcoin Price Rally. In the last weekly analysis, I mentioned that there is a chance of Bitcoin price moving....
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Weekend trade pulled the Bitcoin price below support at $400. At the start of the European session today, an intraday low was printed across exchange charts - $364.79 at Bitstamp. The new low has made decline to $200 a possibility, but it's unlikely to be achieved in a single wave down. Bitcoin Price Swings. Readers who have found this Bitcoin price analysis article because they are looking for more information about Bitcoin's price volatility should look at the following articles: What Happening with the Bitcoin Price? What Affects the Bitcoin Price? What Determines the Value of Bitcoin?....
Bitcoin Price is again dabbling near the lows. A strong wave to the upside, earlier in the week, was soon retraced. The Bitcoin price chart's technicals imply advance is possible, but market uncertainty is holding back the buyers. 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: 13h30 UTC. Bitfinex 15-Minute Chart. From the pages of xbt.social, earlier today: Price retraced from yesterday's target high and is now back at the familiar consolidation level around $225 / 1,410 CNY. If our wave count is....
Bitcoin price slipped over the edge during weekend trade. Analysis looks at the basic chart indications and potential decline targets. The 4-hour Bistamp chart shows that the market sold price straight through $640 support, from where price has been slowly selling-off toward $600 and 4000 CNY. Although 4hr MACD signals Sunday morning’s decline (magenta circle), the stochastics (top panel) are grouping at their minimum, while RSI has achieved a previous lower low (horizontal blue annotation). The stochastic and RSI indications imply that price may need to correct when decline to $600 has....
The Bitcoin price chart can do impossible things and that it why we love it. Each and every Bitcoin speculator has an inner-vision of another spectacular rally, and of them holding bitcoins all the way up! While we wait for that rally, the chart makes fools of you and I. A move higher today, threatens to turn back down - but not too far. We look for targets. 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: 11h35 UTC. Bitstamp 15-Minute....
Bitcoin price could go either way during the coming hours. Price has been trading sideways around $260 and 1600 CNY and a break-out to either side seems likely. 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 Value and Price Analysis. Time of analysis: 14h25 UTC. BTC-China 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Today's initial update outlined two possible wavecounts along with targets - $277 (1650 CNY) to the upside and $240 (1480 CNY)....