Bitcoin Price Decompression

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
43 0 0
Clearly the market is at a standstill, yellow circles indicate a compression of values, and now we seem to be reliving the decompression of those values. Continued small margins will persist before a final dip, spike and drop occur. It is not clear when this will take place; but the overall trend will match that of this weeks activity - periods of little price fluctuation - or sideways movement. Once the move does occur it will do so rather slowly; three waves of down trends, or chops, will mark the decline, and one or two 'uptrend' waves will mark the retrace; a value no greater than 254, before the new 'low' support levels are established and destroyed; which at this rate may happen over the course of at least weeks at the same rate, or even slower than the current trend.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out