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Topic: Bitcoin Price Intraday Analysis: BTC/USD Rejects Bulls, Once Again - page 2. (Read 404 times)

newbie
Activity: 266
Merit: 0
if you analyzed this place well then you will able to understand it that this place is not actually a place where you can use you prediction powers cause things are very unstable here so if you are claiming that bull have been missed then I will say that it is normal for the market
newbie
Activity: 70
Merit: 0
things here changeses every moment so it is not very weird that if you have predicted or expect something and that doesn't happen , and a bull run is not a thing which appear everyday so if you have the opportunity then use it will instead of missed it
newbie
Activity: 224
Merit: 0
I am very glad that you have provided us this information but I am not sure about this up cause I haven't here about this , but yes prediction can be turn wrong sometimes here so we should be panic or loss hope
newbie
Activity: 69
Merit: 0
What really baffles us to see that the people are actually giving attention to what Goldman has to say, and there seems to be no reason behind it. First the ETF and now this. The market seems to be unable to catch a break.
newbie
Activity: 78
Merit: 0
The cryptocurrency market can never be predicted. The price of Bitcoin was getting stable for the last few days until the decision of Goldman Sachs to abort the cryptocurrency trading desk plan was declared. The price of Bitcoin has lowered since this news has been published. Let's see what happens.
newbie
Activity: 35
Merit: 0
Well, the decision of Goldman Sachs has brought a negative impact in the market. The long planned cryptocurrency trading desk is not going to occur. Goldman Sachs has aborted this plan. The price of Bitcoin has dropped a little. I hope the investors will try not to panic in this situation.
newbie
Activity: 78
Merit: 0
6.5% percent fall just in a day is really very sad but we can do nothing on this. We just can wait with patience for the recovery of the price.I also have the same feeling like Goldman Sachs that the regulation is the reason behind the fall. What you can do is buy some more coin in this low. 
member
Activity: 182
Merit: 16
Bitcoin Price Intraday Analysis: BTC/USD Rejects Bulls, Once Again
Bitcoin price on Thursday extended its prevailing bearish correction sentiment and dropped as much as 6.5 percent from the yesterday’s low near $6,710.

The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat. It very much set the sentimental course for the rest of the Asian and European session. Both the trading sessions lacked strong bullish corrections, putting BTC/USD on a slow path to the downside. At the early European hours, the pair retested 6306-fiat as the range bottom, only to recover towards 6500-fiat.

In the opinion of many strategists, Goldman Sachs’ decision to halt its long-planned cryptocurrency desk over regulatory issues caused the latest BTC/USD correction. However, the factor is too lousy to correlate for a market that has been in a massive bearish formation since November 2017. Even in the recent price action, we noticed the pair’s bullish momentum getting slowed down near our previous Rising Wedge resistance. We had expected a breakout scenario, anyway.
https://www.ccn.com/bitcoin-price-intraday-analysis-btc-usd-rejects-bulls-once-again/
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