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Bitcoin Price Sell-Off To $650

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Bitcoin cost done a visual high during $705 (Bitstamp) and was afterwards sole off to $650 for a generation of a day. What a marketplace does subsequent will establish trend for a subsequent week.

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Bitcoin Price Analysis

Time of analysis: 15h00 UTC

Bitstamp 1-Hour Candle Chart


From a research pages of, progressing today:

The low retracement that was expected in analysis, final week, has set in and we see a charts now holding support during $650 (popular USD exchanges) and 4350 CNY. The turn also corresponds to a trendline (magenta) drawn from a turn from that a visual allege started.

There is no revelation what a marketplace will do next. One scenario

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