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

InvestorsObserver gives Bitcoin Confidential a weak long-term technical score of 14 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.

BC at this time has a superior long-term technical analysis score than 14% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Bitcoin Confidential a 14 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Confidential!

Trading Analysis

The current trading price of $0.000005095 for BC is -$0.0000034 (-39.69%) below the coins 100-day moving average of $0.000008449. BC meanwhile is $0.0000039 (-910103312.79%) above its 52-week low of $0.000001209 and -$0.00013226 (-7280540.48%) under its 52-week high price of $0.000137352. Bitcoin Confidential’s current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 14. The price movement and range of BC suggest that investors are bearish on the coin at this time.

Bitcoin Confidential has a total market value of $37,532.21 with an low average daily volume of $385.39 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 $52.52 exchanged in total.

Summary

BC’s historical trading over the past year gives it a a weak long-term technical score of 14 as its price movement in that time has given investors 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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