Bitcoin Forum

Bitcoin => Press => Topic started by: kori on July 20, 2015, 05:08:18 PM



Title: [2015-07-20]BITCOIN PRICE SUCCESSFULLY TESTS SUPPORT
Post by: kori on July 20, 2015, 05:08:18 PM
Bitcoin price, over the weekend, unfolded five declining subwaves and should now advance. The prevailing pattern of price shows similarities to a pattern at the end of January (prior to consolidation) and another in mid-February (prior to advance).

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: 04h45 UTC

Bitfinex 15-Minute Chart
https://www.cryptocoinsnews.com/wp-content/uploads/2015/07/Bitfinex_Bitcoin_price_chart_m15_11h34_200715_ccn.png

From the analysis pages of xbt.social, earlier today:

Bitcoin price has made five declining subwaves and should now advance.

Advancing in 5 waves to the purple 800MA near $286 will be a sign that a new advance has begun.

Three waves of advance that fall short of the 800MA will warn us that the current sideways structure is incomplete or that decline may resume.

read further https://www.cryptocoinsnews.com/bitcoin-price-successfully-tests-support/