29 Aug '16, 4pm

Bitcoin Price Pushes Higher from Support

Bitcoin Price Pushes Higher from Support

Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price pushed higher from the horizontal support zone near $660. The outlook remains that the market is engaged in a sideways base formation prior to advance. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here . Not a member? Join now. Bitcoin Price Analysis Time of analysis: 15h00 UTC Monday Bitstamp 4-Hour Candle Chart From the analysis pages of xbt.social, earlier today: A push higher, today, from the horizontal support in the low $560s. The 4hr chart indicates ongoing consolidation, with MACD compressing and the stochastics (top) very quickly pushing back toward their maximum. We expect price to continue drawing sideways as the 4hr 200MA descends into the area of price – then the surge higher toward $600 and a larger ...

Full article: https://www.cryptocoinsnews.com/bitcoin-price-push-higher...

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