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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?
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