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Bitcoin cost is being deserted by a prevalent $680 support and insurgency level. The opinion stays that a converging is underway – before to lift-off, though we keep a sap bearish eye on vicious support only next price.
Bitcoin Price Analysis
Time of analysis: 13h30 UTC
Bitstamp 1-Hour Candle Chart
From a research pages of xbt.social, progressing today:
Bitcoin cost is again descending divided from a $680 (Bitstamp) insurgency turn (horizontal, dim blue) after unwell to allege above it given yesterday’s aloft low.
The draft design still fits a opinion of converging to $650 (horizontal dark blue) before to a retard prerogative halving rally. The magenta arrow in a 1hr draft above suggests