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Bitcoin Price Analysis: Groundhog Day

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Bitcoin cost pushed above $420 currently and continues aloft in a slight channel of advance.

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: 13h00 UTC

Bitstamp 1-Hour Chart

Selection_20160218_002

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

Incredibly, nonetheless another high for this wave.

Regardless of indicators during any timeframe and notwithstanding vast sell orders above cost scarcely each step of a way, a determined allege continues pulling higher. It is as if zero can stop it.

If a merchant takes distinction formed on overbought indicators, they will shortly bewail their prudence since their usually choice will be to react a trend – into overbought MACD, RSI and stochastics.

While cost binds within a advancing channel, a usually choice is to be bullish. Don’t review a draft indicators, don’t consider about it, only buy. $10 a day for the


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