Money makes the world go round - Bitcoin price chart 2012-2014
A long-term Bitcoin chart (weekly time-frame) shows most indicators signal a large downtrend. But the price might still bounce at $450. Otherwise the price might fall much lower. Current price is below $500.
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MACD (Moving Average Convergence/Divergence) shows the begin of a downtrend
ROC (Rate of Change) shows currently a downtrend
Stochastic Oscillator shows currently a larger downtrend
Volume shows currently a larger downtrend
Weighted Moving Average (WMA) 9 period shows currently a larger downtrend
Weighted Moving Average (WMA) 90 period is still neutral, but close to a very large downtrend
Gann Fan shows the price is close to a very large downtrend if the price falls below $400
Fibonacci retracement areas signal a possible bounce at around at $485 (0.382 Fibonacci retracement) or $325 (0.236).
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Based on NicoNaylor's chart tradingview.com/v/kkrq2wce/
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MACD (Moving Average Convergence/Divergence) shows the begin of a downtrend
ROC (Rate of Change) shows currently a downtrend
Stochastic Oscillator shows currently a larger downtrend
Volume shows currently a larger downtrend
Weighted Moving Average (WMA) 9 period shows currently a larger downtrend
Weighted Moving Average (WMA) 90 period is still neutral, but close to a very large downtrend
Gann Fan shows the price is close to a very large downtrend if the price falls below $400
Fibonacci retracement areas signal a possible bounce at around at $485 (0.382 Fibonacci retracement) or $325 (0.236).
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Based on NicoNaylor's chart tradingview.com/v/kkrq2wce/
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