The Bitcoin price is nearing completion of a base building phase that looks set to advance above $400. Technical analysis looks at targets to the upside as well as price forecast expectations for the coming week. Bitcoin Price Rally Summary Comments Bitcoin Price Rally Time of analysis: 06h00 UTC Asian Session Months of slow decline in (mostly) low volatility can make one forget why Bitcoin has a reputation for spectacular rallies and stomach-churning crashes. The 10-month long decline to $275 (Bitstamp) was, in itself, a deep correction from the all-time high above $1000. As volatility ramped up during October and […]
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