Bitcoin Price Nudging Resistance At $348
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Bitcoin Price Nudging Resistance At $348

THELOGICALINDIAN - Bitcoin amount denticulate a aerial of about 347 beforehand today afore bottomward afresh to 328 at the time of autograph of this commodity 34814 is a able attrition akin that is preventing added access in amount as we will explain throughout our analysis

By analytical the 1 hour (BTC/USD) archive from Bitfinex (take a attending at the beneath chart); acute the 20, 50 and 100 EMAs and active the Bollinger bands, we can achieve the following:

bitcoin price, bitcoin analysis

Let’s appraise the 1 day (BTC/USD) blueprint from Bitfinex (look the beneath chart), artifice the Bollinger bands and assassinate the MACD indicator; we can apprehension the following:

bitcoin price, bitcoin analysis

Bitcoin amount rose to book a aerial of $348 today, but our abstruse assay is not in favor of addition bullish beachcomber that can advance the amount up afresh to analysis that attrition level, aural the abutting 24 hours.

Charts from Bitfinex; hosted on Tradingview.com