Bitcoin Forum
August 19, 2019, 01:33:45 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: [2014-09-01] Bitcoin Price Analysis: Is the Bitcoin Price Still Going Down?  (Read 1299 times)
Sr. Member
Offline Offline

Activity: 406
Merit: 250

View Profile
September 01, 2014, 03:46:57 AM

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.

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!