Daily Bitcoin Price Analysis: Traders can not choose an aspect
It seems to be in range, Bitcoin has been transferred to the careers of $ 320- $ 410. And traders can not choose a direction for more price movements. On Monday, the main stock market faced a decline that is seen as a technical rebound after rising Friday.
Yesterday, Germany's Eurozone business was published in the release of the Climate Index (trade and business conditions). The survey involved 7,000 companies and consequently IFO 107. 3 (previous image of 108.06) which is the small data point in the last 11 months. Iophofo closely connected with Germany's GDP and saw its fall in the currency market with traders cautiously. The official release of IFF noted that the German economy started annually with an unpleasant surprise.
The United States today will release an index of consumer confidence. This indicator measures customer confidence and consumer spending forecast level. High ratings will have a positive impact on the dollar, and we may expect it today.
Considering this, we today, 26 January 2016 strengthening the US Dollar, which will be pressured on Bitcoin. We assume that the price movement will be between $ 380- $ 405 in a range of $ 380, when the resistance level is $ 405