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Author Topic: [2015-12-23]Daily Bitcoin Price Analysis: Bitcoin vs Dollar–Is the Parity Found?  (Read 131 times)
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December 23, 2015, 03:45:15 PM

Throughout yesterday Bitcoin’s price was shivering between $430 and $440. Strengthening of the dollar continues to pressure Bitcoin. Furthermore, after two weeks of BitcoinCT r:  2 growth from $380 to $458, we should now expect a price correction.

US GDP data released yesterday turned out to be higher than predicted, but still were lower than in the previous period (actual 2.0%, forecasted 1.9%, but previous 2.1%).

Today an important block of Statistics that should highlight the main index for personal consumption expenditures in November (forecasts 0.1% against previous 0.0%) will be published in the United States at 1:30 p.m. London time (GMT). Data on changes in the volume of orders for durable goods in November (forecast -0.6%, previous 0.3%) should also be published today. Also at 3:00 p.m. we expect the release of data on Real Estate sales in November (forecast 505,000, previous 495,000), and at 3:30 p.m. new data on crude oil Stocks (forecast 1,433M. 4,801M the previous value).
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