Is Bitcoin Confidential (BC) Trending Lower or Higher Monday?

Bitcoin Confidential receives a weak long-term technical score of 5 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

BC currently holds a superior long-term technical analysis score than 5% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

InvestorsObserver is giving Bitcoin Confidential a 5 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Confidential!

Trading Analysis

Bitcoin Confidential’s price is $0.0000012 (14.72%) above its 100-day moving average price of $0.000007833 as its price at the moment sits at $0.000008986. Additionally, BC is $0.0000078 (-910102990.89%) higher than its 52-week low price of $0.000001209 while -$0.00312665 (-318914.43%) under its 52-week high of $0.003135635. The current trading price in relation to its long-term average along with its 52-week high and low, gives BC an average long-term technical score of 5. Long-term trading movement of Bitcoin Confidential suggest that investors are bearish on the coin at the moment.

Bitcoin Confidential has a total market value of $66,190.30 with an low average daily volume of $32.71 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BC’s volume is below its average with $3.95 exchanged in total.

Summary

Technical analysis of Bitcoin Confidential over the past year results in the crypto receiving a a weak long-term technical score of 5 as its price movement in that time has given traders reason to be bearish on the coin in the long-term.

Click Here to get the full Report on Bitcoin Confidential (BC).

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