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Bitcoin Price Analysis: Looking Bullish But Bias Bearish

Bitcoin Watch Shop

Bitcoin cost continued laterally currently in low volume trade that is looking some-more and some-more expected to spin to decline.

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Bitcoin Price Analysis

Time of analysis: 14h00 UTC

OKCoin BTC/USD 4-Hour Chart


From a research pages of, progressing today:

Two call depends simulate a ambiguity of a stream connection of price.

At a benefaction high inside a rising channel (dotted grey lines), a B-C-D count (black labels) has reached a visual high from where we’d design to see decrease to during slightest $370 – a turn of a bottom of a prior visual advance.

An swap call count (red labels) is bullish and would see cost accelerate to a upside in a convene toward $500.

Today’s 15-minute and 1-hour charts (not shown) give a sense that cost could be combining a bottom for another

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