06.08.201818:00 Forex Analysis & Reviews: Technical analysis of Bitcoin for Aug 06, 2018

Long-term review

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

At the 4 hour charts the Bitcoin is still running bellow the Moving Average 21 periods. This means the Bearsih bias still control this Cryptocurrency, as long as it does not break out and close above 7,254.76 the Bitcoin will still go down.

(Disclaimer)

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.