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Get the Bitcoin forecast for July 16, 2014 here.
Get the Bitcoin forecast for July 13, 2014 here.
BTC/USD has formed a lower-top lower-bottom structure with no signs of a trend reversal as of yet. The momentum has clearly weakened and the price is expected to continue to drift lower.
The price of Bitcoin after closing below the support level of 638 has been unable to make any major upmove. Get the forecast for July 7, 2014 here.
Get the trading week started with this Bitcoin/USD technical forecast for July 6, 2014 here.
Get the Bitcoin forecast for July 2, 2014 here.
The USMS auction brought great news for Bitcoin traders and investors, who for a long time, have been waiting for a good breakout. After spending a considerable period near 600-610 levels, the price finally broke free and shot up nearly 7% to 640 levels owing to a successful auction in which 45 registered bidders participated.
After a short-lived rally, Bitcoin has again slipped into consolidation mode. BTC/USD, which managed to break out from its lower-top lower-bottom price structure owing to the auction held by the US Marshals Service on the 27th June has once again formed a narrow range near 600.
Bitcoin is currently trading near its previous support level of 580 which is just at around 2-3% below the resistance level of 595. Get the analysis for June 27, 2014 here.
Get the Bitcoin outlook for June 24, 2014 here.
Get the full Bitcoin/USD analysis for June 23, 2014 here.
Get the forecast for Bitcoin for the week of June 22, 2014 here.
Get the latest on Bitcoins with this forecast for June 19, 2014 here.
Get the analysis for bitcoin- BTC/USD for June 18, 2014 here.
Check out the daily forecast for the BTC/USD pair here.