- Daily Bitcoin Price Analysis: Sideways Trend Goes In The Upward Direction
Yesterday, December 29, the price of Bitcoin moved to $430. Against the low liquidity on the market, investors are cautious and waiting for better conditions to make deals. Obviously, investors agreed that the parity price of BitcoinCT r: 9 will remain at $440 until the end of the week and the year. Vishal Gupta, the Founder of Bitcoin Alliance India, CEO at SearchTrade, and Director at Moving Trumpet, agrees with this statement. Speaking about the Bitcoin price he said that the price will hover between $410 and $440 till the end of the weekend.
Today, December 30, we expect low volatility and a continued sideways trend in the corridor of $420 - $440. The level of support is $420. The resistance level is $450.
Read the full article :
http://cointelegraph.com/news/115982/daily-bitcoin-price-analysis-sideways-trend-goes-in-the-upward-direction