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Bitcoin Price Advance Pauses

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Bitcoin cost corrected downward progressing currently as an apparent try during allege was slammed down by clever offered opposite a exchanges. Profit holding or is it reversal?

This research is supposing by xbt.social with a 3-hour delay. Read a full research here. Not a member? Join now and accept a $29 bonus regulating a formula CCN29.

Bitcoin Price Analysis

Time of analysis: 14h00 UTC

Bitfinex 1-Hour Candle Chart


From a research pages of xbt.social, progressing today:

The clever RSI retreat dissimilarity forked out in yesterday’s research (magenta annotations) was exacerbated by additional downward cost improvement and, yet, cost unsuccessful to pull to a new high after dual attempts. Ongoing laterally improvement during a stream turn is, therefore, a outlook.

Today’s second try during advancing above $584 (Bitfinex) was slammed down next a 1hr 20MA (at a immature arrow). With MACD (indicator panel

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