Wednesday, July 22, 2015

Bitcoin Trade Pulls Price Back To Support

Bitcoin trade has sold price lower, but not to a new low. It appears buyers are using the low $270s as a demand zone and sellers are incapable of breaking price lower. 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: 04h24 UTC Bitfinex 1-Day Chart From the analysis pages of xbt.social, earlier today: The 1-day 20MA (green) has been breached to the downside for the second time without a catastrophic sell-off ensuing. […]

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