Bitcoin Price Bounces From Support

Bitcoin price declined to $240 (Bitfinex) and 1500 CNY (BTC-China) where it found support at its reliable 200-period moving average. A bounce higher is underway and analysis looks for its target and outcome. 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: 05h00 UTC Bitfinex 1-Hour Chart From the analysis pages of xbt.social, written 05h00 UTC, prior to the current advancing wave: In the 1-hour Bitstamp chart, above, price has declined to the […]

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