Bitcoin was up about 0.64% today, recovering yesterday’s nearly 0.30% fall, to close the day at about $6,333.3.
A sideway and choppy morning found the popular coin (Bitcoin) retracing back from the start of a day’s high of $6,280 to late morning intraday low of $6,202.7.Then it found support and the price moved through the first part of the day didn’t give the chance for the major support and resistance levels to retest.
Continuing through the late morning, Bitcoin recovered the morning losses, and going through to a late afternoon intraday high of $6,354. Following recent trends late in the day, the popular coin managed to hold on to about $6,300 levels all day, with no important fundamental news and that did not cause investors to jump ahead of today’s EU Finance Ministers meeting. The meeting agenda has cryptocurrencies high on the list of the important topics to be discussed.
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Daily Analysis - 13/09/2018