Bitcoin

Bitcoin $BTC Forecast: Friday Edition: Good News

August 24 2018 20:52 UTC

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This edition features popular Bitcoin $BTC technical analyses from @NewsBTC, @investingcom and @bitcoinsguide. Or jump right to today’s Bitcoin $BTC Forecast.

@NewsBTC Analysis

View: bullish

bullish

Aayush Jindal of @NewsBTC feels "currently moving higher against the US Dollar [and] BTC/USD is likely to rise in the near term above the $6,620 level"

@investingcom Analysis

View: bullish

bullish

Automated Signal of @investingcom narrates "DAILY VIEW: Summary:Buy > Moving Averages:Neutral Buy (6)Sell (6) > Technical Indicators:Strong Buy"
Published: August 24 2018 16:43:16 – Real-time Data

@bitcoinsguide Analysis

View: sideways

sideways

Azeez M of @bitcoinsguide writes "Today, the BTC price is still in a sideways trend [and] price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The Relative Strength Index period 14 is level 53 which indicates that price is in the sideways trend zone "

Bitcoin $BTC Forecast

on Friday August 24 2018 20:52 UTC

bullishbullishsideways

The crypto pundits say: “bullish/bullish/sideways/”.

Today our experts weigh in with two bulls and one crab – overall good news for a near term long position in $BTC.


[legal disclaimer] Just one news report can invalidate a technical analysis.

Disclosure

The author holds Bitcoin $BTC at the time of writing.

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