Bitcoin Price Still Seeking Buyers Despite Passing Key Trendline

2018-10-25 14:00

Bitcoin has leapt the two-month falling trendline hurdle, but that still failed to put a bid under prices.

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Bitcoin (BTC) на Currencies.ru

$ 69915.47 (-0.20%)
Объем 24H $18.268b
Изменеия 24h: 0.43 %, 7d: 1.29 %
Cегодня L: $69273.29 - H: $70052.68
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Цена в час новости $ 6406.07 (991.39%)

trendline still bitcoin hurdle failed prices under

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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s.

2018-9-24 21:29