Bitcoin Trend / 05 - 01 - 2018 / Midday Update
Expected trading for the rest of day is between 14400.00 support and 16400.00 resistance
Bitcoin price as expected,
breached strongly the resistance at 15400.00
A Picture is Better Than One Thousand Words
Bitcoin price now is around 16100.00 and the way is opened towards 16400.00 level.
EMA50 support the bullish wave.
100 SMA is still above 200 SMA so the climb is more likely to continue than to reverse.
RSI support the bullish trend.
Stochastic reflect a slowdown in bullish momentum.
Breaching 16400.00 and hold above it will push the price up towards 17600.00 level.
Note, Breaking 14400.00 level and hold below it, will put the price under negative pressure towards the start of fear zone at 12400.00 level.
Expected trading for the rest of day:
is between 14400.00 support and 16400.00 resistance.
Expected trend for the rest of day:
Bullish.
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verry bed
Very Good ;p
Bitcoin all time highs here we go!
Thanks for your great anlysis.. Already passes 16K.. Cheers..
thanks for updating about BTC ,its a good news for BTC invester
Gotta love no trade zone that is 10-15 % wide lol
This is really remarkable
Here's some information
The rise in the market value was accompanied by a rise in the price of the Betquin, with a price of $ 15.093 on the Bitfinex trading platform. Currently btc is trading at $ 14,485 on the Bitfinex platform, while the global average is $ 14,550. This represents a one-day increase of 8 percent, with a btc market capitalization of $ 293.2 billion. The move came in response to a report that Founders Fund, a venture capital firm created by PayPal co-founder Peter Thiel, has hundreds of millions of dollars in btc as an alternative to overvalued technology valuation. Investors are likely to be optimistic that this report signals a new wave of institutional funds to the digital currency markets.
Thanks for sharing I appreciate your great effort. :D
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Digital Coins
The market value of the digital currency market reached $ 700 billion with the return of the Bitquin to the price of $ 14,500
By Lina Saad on Jan 4, 2018
Digital Currency Market
Participation
The digital currency index hit a fresh all-time high above $ 770 billion on Thursday, boosted by a strong performance by the rise in the price of the Betcairn and a variety of alternative currencies.
The market value of the digital currency market reached $ 770 billion
Opened yesterday with a market value of less than $ 650 billion but rose by $ 64 billion - or 10 percent - over the next 24 hours, leading to a new level of just under $ 709 billion. After a slight decline, the total value of the digital currency market was $ 702 billion.
good analyzing @lordoftruth. Thanks for sharing bitcoin information.
cryptocurriencies are the future...
Thanks for your analysis...
Upvoted and resteemed