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Bitcoin Price Direction Undecided

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Bitcoin cost is circuitous laterally for a second day. Supposedly neutral GDP and Production information out of China unsuccessful to catalize a marketplace pierce progressing today.

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Bitcoin Price Analysis

Time of analysis: 13h00 UTC

OKCoin 3Months 4-Hour Chart

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

China GDP and Production data came in tighten to expectancy during 02h00 UTC this morning.

China GDP q/y (actual: 6.8% expected: 6.9% previous: 6.9%)

China Industrial Production y/y (actual: 5.9% expected: 6.0% previous: 6.2%)

Global markets were available a information recover with good anticipation, given disastrous total from China would have supposing a matter for offered in a stream deteriorate of Financial Meltdown glut. But a information (most expected cooked) did not yield a marketplace with an forgive to subjection stocks, nor did it send a BTC/CNY exchanges into


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