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Bitcoin Price: Can $660 Hold?

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The bitcoin cost reason above $660 (Bitstamp) today, as a marketplace stays in flux. Another disappearing call seems due, though it is uncertain either this will reveal progressing rather than later.

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: 14h00 UTC

Bitstamp 4-Hour Candle Chart

Selection_20160622_001

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

Price has reason during a $660 turn overnight and a marketplace might try to reason this level. However, looking during a blue annotations on a left of a draft we can see that an contingent lapse to a 4hr 200MA (red) is inevitable.

Whether a marketplace continues offered off now, or initial puts in an ceiling correction, stays to be seen. A


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