Bitcoin is in Consolidation of Uptrend

by ForexCycle.com | June 1, 2017 7:32 am
After hitting a new record of 2737, BTCUSD dropped sharply to as low as 1737. However, the fall would possibly be consolidation of the uptrend from 905. There is an ascending trend line from the March 25...

Bitcoin Remains in Uptrend

by ForexCycle.com | May 17, 2017 7:16 am
BTCUSD stays above a rising trend line on daily chart, indicating that the pair remains in uptrend from 905. As long as the pair is above the trend line the fall from 1800 could be treated as...