UTC-05:00,Tuesday , June 18th 2019

Major Analysts' Opinions: Bitcoin Price Weekly Candle Could Be Omen Of Painful Drop Incoming

18:25 Monday , April 15th 2019
As of 00:22 (UTC) on April 15, Bitcoin's global spot price is $5,076.75, decreased by 1.74% in the past 24 hours.
CoinNess.com compiles a Bitcoin technical analysis of a popular analyst as follows:
Crypto analyst Tony Spilotro believes that "At the start of April, Bitcoin price rallied through resistance at $4,200 and rocketed nearly $1,000 in the matter of an hour toward over $5,000. Since the massive green candle that many believe "confirmed" a bear market bottom was in, the Bitcoin price has been consolidating between $4,800 and $5,200. The price movement between the recent daily swing low and high, has caused the weekly Bitcoin price chart to close with a doji, which signals indecision in the market due to an equally fought battle between bulls and bears. However the next candle forms, could paint a painful picture for the price of the leading cryptocurrency by market cap."