Monday, October 23, 2017
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Bitcoin Price Bulls Try Again

Bitcoin Watch Shop

Bitcoin cost is trending aloft and a bulls might have found their nads. It’s a suppositional certainty that they will eventually mangle by insurgency and strike out for $500, though will it be this time?

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Bitcoin Price Analysis

Time of analysis: 13h00 UTC

BTCC 4-Hour Candle Chart


From a research pages of, progressing today:

Tempting as a past dual days’ ceiling curving cost call looks, now would be a wrong time to go long.

Price is reaching a 4hr 200MA in some exchanges and both a 4hr and 1hr draft uncover RSI retreat divergence. Note in a BTCC chart, above, how a 4hr 200MA (red) was deserted with joviality on Monday.

The ceiling swell might continue, though a indications are that during slightest a improvement is due – if not full-blown annulment behind into decline.


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