当前位置: 首页 > 行情 > 正文

比特币价格重探高点
BITCOIN PRICE REATTEMPTS THE HIGHS

Cable car climb

Bitcoin price had declined according to expectations yesterday, only to fling back to near its price highs today. The verdict is out whether the bulls can achieve another high or if the present failure will prompt a sell-off.

This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29.

Bitcoin Price Analysis

Time of analysis: 13h44 UTC

BTC-China 4-Hour Chart

BTC-China 4-Hour Chart

From the analysis pages of xbt.social, earlier today:

A cruel and unrelenting market pushes to a new high in B wave price action – sucking buyers into an upside that is doomed to retrace, probably to its humble beginnings near the support floor.

The analysis presented during the past few days has illustrated that this is not the wave to $1000, but the most optimistic bulls are piling in, regardless.

Today’s strong move to the upside did not print a new high and counts three waves – implying a downward reaction may be due.

My personal reservation and valid concern is that I call a direction in the market and price does exactly the opposite. In this B wave, my chances are 50/50 of getting direction correct, so I will refrain from predicting and stand by my longer-term outlook that this is an irrational advance and a bull-trap. It may go to $300 or $360 – we cannot know for sure – but, eventually, the price will seek out support near $250.

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. – Ernest Hemingway

Summary

If you have a method for trading this, then follow your method, but the over-arching advice is not to trade a correction – the reversal could catch you while you’re sleeping or looking the other way. To the upside, $300 and $360 are potential targets, but trade them at your own risk.

Bitfinex orderbook depth and Buy/Sell Volume:

 Bitfinex depth buysell volume 20h41 221015

Click here for the CCN.LA interactive bitcoin price chart.

from:https://www.cryptocoinsnews.com/bitcoin-price-reattempts-highs/

固定链接: 比特币价格重探高点
BITCOIN PRICE REATTEMPTS THE HIGHS | 三个硬币

【上一篇】
【下一篇】

该日志由 goldcoin 于2015年10月23日发表在 行情 分类下, 你可以发表评论,并在保留原文地址及作者的情况下引用到你的网站或博客。
原创文章转载请注明: 比特币价格重探高点
BITCOIN PRICE REATTEMPTS THE HIGHS | 三个硬币

比特币价格重探高点
BITCOIN PRICE REATTEMPTS THE HIGHS:等您坐沙发呢!

发表评论

快捷键:Ctrl+Enter