The Bitcoin price chart had been in a bearish configuration for several days and the decline was not capitulating. Around 12h00 UTC, today, the bottom fell out and Bitcoin resumes decline. 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: 16h11 UTC Bitfinex 4-Hour Chart From the analysis pages of xbt.social, earlier today: The 4-hour timeframe shows the chart condition, whereby, price had declined below both the 20MA and 200MA but did not […]
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