BTCUSD D1 Technical Analysis 24-11-2017

Price action coil

As suggested in the recently published Bitcoin technical analysis on the 6th and the 13th after some fantastic gains Bitcoin broke the $8000 psychological barrier and moved towards $8355. Looking at the daily chart of BTCUSD we can see that in the past 4 trading sessions Bitcoin has been stuck in a range between $7750 and … Read more

BTCUSD D1 Technical Analysis 13-11-2017

bitcoin d1 technical analysis

As previously suggested on the 6th the price of Bitcoin fell to a the first major support level and is now beginning to rise again towards the previous high. Will this level be tested again soon? Possibly. The dip in price is due to an issue with Bitcoin miners directing their hashing power to support … Read more

BTCUSD D1 Technical Analysis 06-11-2017

bitcoin trading analysis

Bitcoin is now reaching new heights, again. Below is a Daily chart of BTCUSD which shows how the currency has advanced from June 2017 when it was near 2700 USD levels. After having reached new resistance at 7440 USD, Bitcoin now sits at 7100 USD, which is still quite an impressive jump within the span of … Read more