Bitcoin price analysis 1 February 2019

Bitcoin price analysis 1 February 2019

Going into the weekend we have continued roller coaster movement channeled within that $3400-$3500 zone, with a low of $3401.20 set on Binance last night around 5:30 PM PST. We have continued tight MACD lines on 12H and daily bitcoin price charts. It will be an interesting weekend, and to see how this week closes.

Going into the weekend we have continued roller coaster movement channeled within that $3400-$3500 zone, with a low of $3401.20 set on Binance last night around 5:30 PM PST. We have continued tight MACD lines on 12H and daily bitcoin price charts. It will be an interesting weekend, and to see how this week closes.

Shout-out to the crypto community

Ironically this low was set while we were driving to the Security Token Academy meetup. This was a fantastic event! I highly recommend to any of you out there to take advantage of these events when they present themselves!

I have said it before and I will say it over and over: As many of you know I am a big advocate on pushing for blockchain awareness / crypto awareness, and mass adoption. Again it is because of these types of events, and guys like Alon Goren, Josef Holm, Henry Elder, Aubrey Chernick, Michael Creadon… the list goes on but I can’t squeeze everyone in on this post. In any event, I consider these guys innovators and champions for our industry and space, and all around cool guys! More importantly I am blessed to call them friends and colleagues! So thank you for all of your efforts! To anyone I missed here, and there are a few I apologize! Anyone who can, should make it to the Security Token Summit and/or Crypto Invest Summit! Would love to meetup. Have a great weekend!

Editor’s Note: See our crypto event calendar for opportunities to connect with the excellent crypto community!

Examining the bitcoin price charts

Here we’re looking at the 30M and daily 01/31/19 and 02/01/19 BTC / bitcoin price charts at 17:25, 19:40, 21:19, 23:32, 23:38, and 23:39 PM PST and 06:02, 07:32, and 09:40 AM PST, using MACD and MA Indicators with a support/pressure line drawn at various points of reference:

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Price analysis provided by Alt Trading Systems. Connect with the author on LinkedIn.

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