Download the latest Flash player and try again. A break below and a much deeper decline may ensue. 1577 level we were looking at as support was soundly broken yesterday with an acceleration lower into day site to change pm to bitcoin. Given the parabolic rise since last month, it is unclear how much of a pullback we could see before it stabilizes. This critical support zone arrives in the vicinity of 11750/160. XRP/USD: Daily To receive Paul s analysis directly via email, please SIGN UP HERE You can follow Paul on Twitter at @PaulRobinsonFX. We ll update on this as price action unfoldsâ¦ See how retail traders are positioned in Bitcoin and what it might mean - IG Client Sentiment page. This would be an attractive spot to see BTC/USD find a bid and start pushing back higher.
The price action until yesterday looked similar to two prior occasions in December which led to higher prices. The first line of support arrives at the trend-line off the Dec 22 low, and below there we ll be looking to the Dec high at 863. This is what happens after a bitcoin crash 7:23 PM ET Fri, 19 Jan 2018 CNBC explains what happens after a bitcoin plunge.Bitcoin Cash.. Relatively speaking, given the extremely high level of volatility, it wouldn t take much of a decline to reach down into support we discussed last week. Risk of an overthrow (where price extends beyond the slope) is elevated. .Kyber Network.Byteball Bytes. Status.