Wednesday, August 5, 2015

Bitcoin Price Movement Lacks Direction

Bitcoin price has fallen back to consolidating above the 4-hour 200-period moving average. The market direction from the current position of price action is not well indicated in the chart, and analysis looks for some clues. 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: 13h22 UTC Bitfinex 4-Hour Chart From the analysis pages of xbt.social, earlier today: The 4-hour Bitfinex chart shows price consolidating on top of the red 200MA that has […]

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