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Bitcoin Price Under Trouble

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  • Bitcoin Price Under Trouble

    Bitcoin price moved down against the Chinese Yuan and the US Dollar.
    The BTC/CNY pair is facing resistance around 6800, and might decline further.

    It looks like a possible Bitcoin Hard Fork is creating a minor panic in BTC.
    If this continues, the price may come under further pressure in the near term.

    Bitcoin price is facing a major resistance between 6700 and 6800 Vs CNY..

    Read analysis via link. Cheers!
    Bitcoin price moved down against the Chinese Yuan and the US Dollar. The BTC/CNY pair is facing resistance around 6800, and might decline further.

  • #2
    BTC price has been slowly going down in last couple of weeks; it will be really interesting to see how it all works out. But we just need to remind our self about the ability of BTC which is picking up extremely quickly, it will all be interesting to see how it all reacts…. Anyhow, thank you for the analysis, it’s so crucial to keep eye on the happening in this fast pace thing.

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    • #3
      I agree, the price is slowly reviving and showing positive signs. A close above $1000 was positive

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      • #4
        Such a nice forum!!! Thanks for provides useful and wonderful information.

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