the daily chartist

BTC/USD Bitcoin recap for 28.09.2015

published 4 years ago
BTCUSD Daily

 It seems that bitcoin may finally get out of the range trap that is currently in and move higher? Perhaps... But volumes are low and talks are that every sharp move higher with low volume isn't legit. Still the price yesterday moved pretty higher and closed above 234.340 and with good volume. On the top side there is a potential for a move to 246.125 and then to 251.265, ADX indicator is actually telling us that an uptrend is forming. On the downside we have 225.278. I personally bought yesterday btc/usd on the btc-e exchange with the presumption that the price will move higher to 246.125.