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Bitcoin Price Hits $550, Pullback.

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Bitcoin cost achieved $550 in a Bitstamp chart, today. With Bitfinex already carrying peaked to $570, it looks like cost will now scold a call of allege before pulling higher. Technical research looks for acknowledgment of a move, as good as a intensity targets.

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: 15h00 UTC

Bitstamp 1-Hour Candle Chart

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

Bitcoin cost continues swinging reduce notwithstanding sustained, despite low, shopping volume. While a other exchanges drew laterally during a past 24 hours, Bitstamp done a shaft for – and strike – $550.

By now, a 1-hour candle draft indicators are confirming a successive pierce lower:

1) a stochastics (top) would typically find to organisation during their reduce impassioned before we could quietly call a disappearing call over.

2) RSI is still holding above


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