Bitcoin 4 Hour Price Update
Updated June 18, 2020 01:35 AM GMT (09:35 PM EST)
The end of a 3 four-hour candle negative run has come for Bitcoin, which finished the previous 4 hours up 1.34% ($124.5). Out of the 5 instruments in the Top Cryptos asset class, Bitcoin ended up ranking 2nd for the four-hour candle in terms of price change relative to the previous 4 hours.
Bitcoin Daily Price Recap
The back and forth price flow continues for Bitcoin, which started today off at 9459.13 US dollars, down 0.71% ($67.57) from yesterday. This move happened on lower volume, as yesterday’s volume was down 14.15% from the day before — and down 17.67% from the same day the week before. On a relative basis, Bitcoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Let’s take a look at the daily price chart of Bitcoin.
Bitcoin Technical Analysis
The first thing we should note is that Bitcoin is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Bitcoin’s price has gone up 9 of the previous 14 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin for the past day were:
- From ErikVoorhees:
Maximalists see only Bitcoin and Shitcoin. In reality, there are 4 categories:
3. Other Valuable Coins, and
4. ShitcoinsMaximalists think 2 and 3 are 4, because they are insecure about 1. In reality, 2 and 3 make 1 much better. Remain wary of 4. 😜
- From Fubbling:
I’m sending someone $50 in 24 hours 💸! You must:➡️Follow @bruh_brigade & myself
➡️Retweet this tweet.
➡️Tag 2 Friends.Make sure you’ve entered the $50💵 in my pinned as well! Over $100💵 worth of cash or #bitcoin to be won today! #FubbLUV
- From TITANCULTIST:
Money is been made everyday at the comfort of our homes..
Download Patricia app today and make money.
Sell, buy Gift cards nd Bitcoin on the appAdeherself chose to be a picker
I remember sending her DM about the app, She ignored
Efcc them uses the App
In terms of news links for Bitcoin here’s one to try:
This is the very first Mastercard Prepaid card for crypto users in the US….3 Website 2 Website 1 Website 4.20 Website 4.93 Website 4.90 Website 4.03 Website 4.73 Website 4.60 Website Trending news June 17, 2020 June 17, 2020 June 17, 2020 June 17, 2020 CryptoGazetteFollow NEW: “I do think this is something that the central banks have to design,” @federalreserve Chair Jerome Powell said of a #digitaldollar and whether the private…