Bitcoin Trading Above Support

The recent failed attempt on $300, followed by decline back to support, implies that Bitcoin trading has abandoned immediate advance and will meander – perhaps lower – before trying to advance the price again. This analysis is provided by xbt.social with a 9 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: 05h26 UTC Bitstamp 4-Hour Chart From the analysis pages of xbt.social, earlier today: The 4-hour chart indicators show that the recent decline has become oversold. MACD has turned back up, […]

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