price. The confluence at the what is forex board used for level was one of the reasons why Bitcoin price was consolidating around the level ten days ago. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Bearish accumulation pattern triggered on December 21 18 04:00, and dead cross of the macd oscillator, triggered a bearish regular divergence pattern on December 24 18 as shown on above. Download MetaTrader 4 and open your first trade. Alternatively, in case the support level of 3,679 holds and the coin bounces the bullish momentum may raise the BTC above the 4,237 resistance level. 50 of retail investor accounts lose money when trading CFDs with this provider. Btcusd Technical Analysis, btcusd: Monthly Chart for January 2019. BTC/USD Medium-term Trend: Bearish, cryptocurrency is bearish on the medium-term outlook. Join us as we take a look at the critical support resistance levels, and price action patterns that are major technical drivers of the price of Bitcoin.
Btcusd: Daily Chart for January 2019. Photo:"Inspector, key Highlights: The breakout of the consolidation phase confirmed. In case the bulls were unable to defend the support level of 3,679, then, Bitcoin price will find its low at 3,241 support level. The closing price of the last month in 2018, triggered a bearish accumulation pattern establishing a resistance level at 4282.85.
The bullish momentum extended towards the resistance level of 4,237 but unable to penetrate the level due to the interruption from the bears. From this bullish price action pattern, the price of the btcusd sharply grew by 30 and slowly plateaued into a range bound market upon completion of the move. Bitcoin (BTC), Bitcoin Price, Cryptocurrencies, News, Reports by, azeez Mustapha on Monday, February 25th, 2019 8:44am UTC.
Will Bitcoin (BTC) rise or fall in this calendar year of 2019?
Know all the details on Bitcoin future 2019 trend with a detailed analysis.
Today, I make this education analysis after over 1 week I research and collect datas in market.