Weekly Range Update

XBT/USD weekly range.forecast unchanged at $435-$460 | daily moving average is flat. Strong support is at VWAP near $435. Volatility is low and should increase soon and in case of another upmove strong resistance is at $485 but at the moment this market is having difficulties to pass my previous level at $460.

Daily Chart XBTUSD @bitfinex exchange
For all the italians that follow this blog i kindly remind you that since few week i’m writing at an italian website about bitcoin news and market coverage, bitchanger.com This doesn’t mean i’m going to drop this blog updates here will continue as usual.