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Bitcoin Technical Analysis

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ForexTV features a regular, daily Bitcoin technical analysis article geared towards traders. The Bitcoin technical utilizes similar methods of analysis as our currency analysis and follows standard practices of technical analysis for financial and other Forex markets. However, we wish to point out that due to the nature of the recent emergence of the Bitcoin marketplace, there is limited historical data available. It is widely accepted that technical analysis is data intensive and favors higher volumes of data to smooth-out price outliers and irregularities. In addition, the long-term perspective of historical price action is critical for many technical analysis observations. While we recognize the potential of Bitcoin as a currency, this is a new and risky marketplace that is likely to experience significant volatility. Please read Risk Disclaimer at the Bottom of this page.

BitCoin Technical Analysis