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The bitcoin cost draft fell by another turn of support progressing today, though is clawing a approach behind to $600. How will we know if a subsequent ceiling call is allege or merely a correction? The 1-day candle draft indicators give us clues.
Bitcoin Price Analysis
Time of analysis: 13h00 UTC
Bitstamp 1-Day Candle Chart
From a research pages of xbt.social, progressing today:
After final night’s post cost fast done a approach down to a 4hr chart’s 200MA during $585 (Bitstamp), peaked next it, and is now attempting to recover $600.
The OKCoin 3month futures agreement 1-day candle draft is shown, for a reason that it shows leveraged trade and, therefore, farfetched price