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Author Topic: Bitcoin Price Analysis: Is the Bitcoin Price Still Going Down?  (Read 816 times)
cryptocoinsnews (OP)
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August 31, 2014, 12:47:40 PM
 #1

Bitcoin price has been consolidating in a range between $525 and $485 during the past week. Daily updates have highlighted the ambiguity of trend. Are we at the start of a new uptrend or is the decline still in force – just pausing before the dive? An infrequent technical event has manifested in the form of a moving average cross-over and, as discussed below, it provides us with a timely canary in the coal mine.

http://www.cryptocoinsnews.com/news/bitcoin-price-analysis-bitcoin-price-still-going/2014/08/31

What do you think will happen with the Bitcoin Price in the coming week?

/David Parker, Director of CCN
cryptocoinsnews (OP)
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September 01, 2014, 06:18:18 AM
 #2

Bitcoin price has been consolidating in a range between $525 and $485 during the past week. Daily updates have highlighted the ambiguity of trend. Are we at the start of a new uptrend or is the decline still in force – just pausing before the dive? An infrequent technical event has manifested in the form of a moving average cross-over and, as discussed below, it provides us with a timely canary in the coal mine.

http://www.cryptocoinsnews.com/news/bitcoin-price-analysis-bitcoin-price-still-going/2014/08/31

What do you think will happen with the Bitcoin Price in the coming week?

Seems like its still pointing down..

/David Parker, Director of CCN
BitCoinNutJob
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September 01, 2014, 06:38:08 AM
 #3

Bitcoin price has been consolidating in a range between $525 and $485 during the past week. Daily updates have highlighted the ambiguity of trend. Are we at the start of a new uptrend or is the decline still in force – just pausing before the dive? An infrequent technical event has manifested in the form of a moving average cross-over and, as discussed below, it provides us with a timely canary in the coal mine.

http://www.cryptocoinsnews.com/news/bitcoin-price-analysis-bitcoin-price-still-going/2014/08/31

What do you think will happen with the Bitcoin Price in the coming week?

Seems like its still pointing down..

It could also be a very slow moving uptrend from april if you look at the chat.  I guess next month or so will be telling moment
Minerjoe
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September 01, 2014, 10:10:31 AM
 #4

These are just temporary variations, BTC price ll go only one way, UP.

oceans
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September 01, 2014, 12:28:46 PM
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I don't see it raising to any extent within the next few weeks to be honest and it may take a while for it to finally start to raise again. I wouldn't say it will never rise again though as that is likely, as for it dropping again I guess time will only tell.
BizPariu
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September 01, 2014, 03:13:04 PM
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I heard i don't know  Huh that bitcoin in next 2 month's will be down beetwen 300-400$
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