Saturday, August 1, 2015

Bitcoin Trading Pulls Price Below $280

Bitcoin trading has sold price down inside a descending channel. The failed attempt on $300 has cooled bullish exuberance and the market enters the weekend in a somber mood. Several indications that price may consolidate above $270 are showing in the chart. 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: 06h15 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: Price has dipped below both the 1-hour 20-period moving […]

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