Bitcoinbarometers daily forecast: Is Bitcoin bullish or bearish?
I’m here to present you the daily forecast of Bitcoins price trend. I compare several analysis methods to gain the most likely Bitcoin trend for the upcoming 24 hours.
Based on whoes analysis? (Sources: 1 , 2 , 3 , 4 , 5 , 6 )
- Haejin is providing daily technical analysis based on a combination of chart pattern recognition and Elliot Wave theory (give this man a medal (and some upvotes) for the amazing fundamental technical analysis he is providing day by day)
- Bitcoinforecast.com provides a forecast for the Bitcoin price on the biggest exchanges based on past performances on these exchanges
- Economies.com is also providing a daily bitcoin chart analysis service, based on candle sticks and fibonacci levels
- Cointracking.info provides analysis through the average bitcoin price per weekday
- Tradingview.com delivers fresh MACD analysis
- Investing.com delivers analysis through Technical Indicators and Moving Averages
Each of these analyzes representing a vote, it is either bullish or bearish (thumbs up or thumbs down). All votes summed up will deliver the bitcoin forecast for the upcoming day.
Analysis in detail
Haejin
Bitcoinforecast.com
Economies.com
Cointracking.info
Tradingview.com
Investing.com
Result: 4 Bullish | 2 Bearish
Disclaimer: The analyzes shown and compared above, are neither a buy/sell recommendation nor do I claim any rights on them. The analyzes are not my intellectual property, I only gather them to find out the upcoming most likely trend of Bitcoin!