Bitcoin

Bitcoin $BTC Forecast: Monday Edition: Range Bound?

October 22 2018 19:33 UTC

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This edition features popular Bitcoin $BTC price views from @bitcoinsguide @investingcom & @NewsBTC. Or jump right to today’s Bitcoin $BTC Forecast.

@bitcoinsguide

View: sideways

sideways

Azeez M of @bitcoinsguide declares "likely to continue its range bound movement because the 12-day EMA and the 26-day EMA are horizontally flat [and] Bitcoin is neither below nor above the 12-day EMA and the 26-day EMA which indicates that price is in the sideways trend zone"

@investingcom

View: bearish

bearish

Automated Signal of @investingcom states "Summary:Strong Sell
Moving Averages:Strong Sell > Buy (0) Sell (12)
Technical Indicators:Strong Sell > Buy (0) Sell (8)"
Published: October 22 2018 15:24:43 – Real-time Data

@NewsBTC

View: bearish

bearish

Aayush Jindal of @NewsBTC illuminates "Bitcoin price mostly consolidated above $6,400 against the US Dollar. BTC/USD seems to be struggling to clear the $6,450 resistance area."

Bitcoin $BTC Forecast

on Monday October 22 2018 19:33 UTC

sidewaysbearishbearish

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


[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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