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Technical Analysis

BITCOIN All-Time High!

Typography

Bitcoin keeps on surging. The digital currency has broken hourly resistance given at 3478 (08/08/2017 high) and hourly support lies very far at 2403 (26/07/2017 low). The road is wide open for another bullish move.

In the long-term, the digital currency has had an exponential growth. There are decent likelihood that the asset will consolidate above $1500. Long-term support is given at $1464 (04/05/2017 low).

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Swissquote Bank SA
Author: Swissquote Bank SA Website: http://en.swissquote.com/fx
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