IMPORTANT DISCLAIMER

BTC/USD 31.08.2017

 

After multiple retests, the $4400 resistance zone has been hit by a powerful impulse. Though not so long ago, one can assume that the new resistance zone in the BTC/USD pair is $4650.

 

Technically, the picture is as follows:

  • $4400 is the support zone. There has been no full-blown retest, therefore $4400 test scenarios are highly likely.

  • $4650 is the resistance zone. We’ve seen a lot of buys at this level over the last couple of days.

  • Globally, the uptrend continues. But the movement has slowed down a bit, as there is probably a gradual shift of money flow from BTC to altcoins.

 

What to expect:

  • The most likely scenario of price behavior for the coming week is in the $4400-$4650 range. BTC will experience tests of support and resistance zones without any rapid price movements during the last hours of summer, after impressive growth in August.

  • The uptrend pressure may hit the $4650 zone. Apart from that, there are no other triggers. There’s no breaking news that could influence the price. In case a hit does take place, it’s very likely to be false.

 

 

The only factor that can profoundly change the course of events is some breaking news.

THE INFORMATION PROVIDED ON THIS WEBSITE IS NOT INTENDED FOR DISTRIBUTION TO, OR USE BY, ANY PERSON OR ENTITY IN THE UNITED STATES OR THE REPUBLIC OF SINGAPORE, OR IN ANY JURISDICTION OR COUNTRY WHERE SUCH DISTRIBUTION OR USE WOULD BE CONTRARY TO ANY LAW OR REGULATION, OR WHICH WOULD SUBJECT THE TOKEN FUND AND/OR ENTITY CREATING THE TKN TOKENS (INCLUDING THEIR AFFILIATES) OR ANY OF THEIR PRODUCTS OR SERVICES TO ANY REGISTRATION, LICENSING OR OTHER AUTHORIZATION REQUIREMENT WITHIN SUCH JURISDICTION OR COUNTRY.
YOU ARE ONLY ALLOWED TO PURCHASE TKN TOKENS IF AND BY BUYING TKN TOKENS YOU COVENANT, REPRESENT, AND WARRANT THAT YOU ARE NEITHER A U. S. CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES, NOR DO YOU HAVE A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES, INCLUDING PUERTO RICO, THE U. S. VIRGIN ISLANDS, AND ANY OTHER POSSESSIONS OF THE UNITED STATES. IN ORDER TO BUY TKN TOKENS AND BY BUYING TKN TOKENS YOU COVENANT, REPRESENT, AND WARRANT THAT NONE OF THE OWNERS OF THE COMPANY, OF WHICH YOU ARE AN AUTHORIZED OFFICER, ARE U. S. CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES, NOR DO YOU HAVE A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES, INCLUDING PUERTO RICO, THE U. S. VIRGIN ISLANDS, AND ANY OTHER POSSESSIONS OF THE UNITED STATES. SHOULD THIS CHANGE AT ANY TIME, YOU SHALL IMMEDIATELY NOTIFY THE CREATOR OF TKN TOKENS.
CREATOR OF TKN TOKENS SHALL RESERVE THE RIGHT TO REFUSE SELLING TKN TOKENS TO ANYONE WHO DOES NOT MEET CRITERIA NECESSARY FOR THEIR BUYING, AS SET OUT HEREUNDER AND BY THE APPLICABLE LAW. IN PARTICULAR, THE CREATOR OF TKN TOKENS MAY REFUSE SELLING TKN TOKENS TO U. S. CITIZENS, PERMANENT RESIDENTS OF THE UNITED STATES AND THOSE USERS WHO DO NOT MEET ELIGIBILITY CRITERIA ESTABLISHED BY THE CREATOR OF TKN TOKENS FROM TO TIME IN ITS SOLE DISCRETION.
The data content of this website is intended for general information purposes only and does not constitute solicitation of or an offer to purchase any securities. This website should be used for general research purposes only. It does not, nor does it purport to, constitute any form of professional investment advice, recommendation or independent analysis. Consequently, the information contained on this website has not been prepared in accordance with the relevant rules and regulations governing such publications in various jurisdictions.