Bitcoin Forum
May 28, 2024, 05:45:21 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-07-24]Bitcoin Price Decline Complete?  (Read 225 times)
WishICanTurnBackTime (OP)
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
July 25, 2016, 02:42:35 PM
 #1

Despite bearish bias in the 1day and 4hr timeframe charts, the market is pushing higher from the past week’s low. At the time of writing the upside looks like a correction of the decline from $680. If this turns out to be the case then a potential corrective target is at $664 (Bitstamp). If price continues higher above this level then the market may be looking to reattempt $680 and advance, although this will only become the favored outlook if 4hr and 1day indicators turn bullish.

https://www.cryptocoinsnews.com/bitcoin-price-decline-complete/
a7mos
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500



View Profile
July 25, 2016, 02:45:10 PM
 #2

I do not consider the last price movement after halving as a "dicline", it was just a little correction. the price is very stable now and it needs more market activities to have more movements
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!