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up above. A Fibonacci tool has been attached to the chart. Bitcoin (BTC) Daily Price Forecast: August 21, 2018 BTC/USD Medium-term Trend: Ranging Resistance levels: 6,300, 6,400, 6,500 Support levels: 6,100, 6,000, 5,900 Yesterday, August 20, the price of Bitcoin was in a forex vs affiliate marketing sideways trend. The bulls attempted to break the 4,000 price level twice but were overpowered by the bears. The crypto's price has broken the 12-day EMA, the 26-day MA and reached the bullish trend zone. BTC/USD Short-term Trend: Ranging On the 1-hour chart, the price of Bitcoin was in a sideways trend. The BTC price began a range bound movement above the EMAs. As mentioned, our trading plan is clear. The relative strength index period 14 is level 87 which indicates that the market is overbought suggesting the bears to take control of the market. BTC/USD Daily Chart The overall BTC/USD market trajectory is clear in the daily chart. Bitcoin (BTC) Daily Price Forecast: November 22, 2018 BTC/USD Medium-term Trend: Ranging Resistance Levels: 6,800, 6,900, 7,000 Support levels: 4,500, 4,400, 4,300 Yesterday, November 21, the price of Bitcoin was in a sideways trend.

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Yesterday, it was assumed that the BTC price would further depreciate to the 3,600 price level since the price was in the bearish trend zone. The crypto's price is ranging at a price of 6,301.66. Besides, Feb 18 gains are yet to be reversed. On the other, if the bears break the EMAs, the crypto will fall. At current levels, Bitcoin are moving inside a descending triangle with strong supports between 5,800 and 6,000. It was suggested that if price broke the 6,400 price level in a downward trend, the crypto would find support at the 6,200 price level. Karpeles faces allegations of illegally manipulating trade volume and the personal use of client deposits, of which may have led to the exchange's insolvency. The wallet was completely drained of all bitcoins shortly thereafter. Also, the cryptos price is below the EMAs which indicate that price is likely to fall. The cryptos price reached the high of 3,950 but was resisted at the 4,000 price level.


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