Bitcoin Forum

Bitcoin => Press => Topic started by: Sturgeon on December 25, 2015, 07:28:28 AM



Title: [2015-12-24] Daily Bitcoin Price Analysis: Strengthening of the Dollar ends.
Post by: Sturgeon on December 25, 2015, 07:28:28 AM
Today we expect the publication of the data on initial applications for unemployment benefits, but this shouldn’t affect the market much.

Today December 24, we expect Bitcoin’s price to move in the corridor of $445- $465. The resistance level is $465. The support level is $440

As we can see, both fundamental analysis and technical analysis can not predict the movement of prices in the market accurately. Sometimes we see that the price moves contrary to forecasts, or even common sense. So this is an interesting question – what moves the price, especially the price of Bitcoin?

http://cointelegraph.com/news/115946/daily-bitcoin-price-analysis-strengthening-of-the-dollar-ends-is-bitcoin-growing-again