Bitcoin Trading at a Crossroad

Bitcoin trading pushed price to a potential breakout, overnight, but failed to advance price above critical resistance. A potential tipping point into further decline awaits below – can the bulls get it together to re-ignite the 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 Trading & Price Analysis Time of analysis: 15h59 UTC BTC-China 4-Hour Chart From the analysis pages of xbt.social, earlier today: Price remains capped, overhead, by the 4-hour green 20-period moving average (20MA). […]

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