was last seen trading at 17,000, down from the record high of 19,783 set on Dec. There was a dip below the 3,980 level and the.6 Fib retracement level of the last wave from the 3,872 low to 3,999 high. The question now is, how low can bitcoin go? Major Resistance Levels 3,980, 4,000 and 4,020. Apparently driving the price drop is the rotation of money out of bitcoin (BTC) and into alternatives such as bitcoin cash (BCH) as shown by the massive gains in the. Technical indicators: Hourly macd The macd is currently in slowly moving in the bullish zone.
However, the 4,000 level acted as a strong resistance and prevented further gains. Check our Wiki page for more detailed description, reference, tutorials, etc. Even if you choose not to have your activity tracked by third parties for advertising services, you will still see non-personalized ads on our site. EU Data Subject Requests.
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There is a key bearish trend line is forming with resistance at 3,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). 82 82 Updated Jan 27, 2018 seelog Forked from cihub/seelog Seelog provides logging functionality with flexible dispatching, filtering, and formatting. D reversal point, view, bTC seems to have topped out near 20,000 for the short-term. It is currently moving higher and trading near the 3,980 resistance. That's why we have a thriving economy and ecosystem.
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