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Bitcoin Price Slumps On Eve Of Coinbase Halving

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Update: Headline updated to anxiety a halving of miners’ coinbase rewards.

Bitcoin cost has taken a low highway as a marketplace sells off before to a retard prerogative halving. Bitcoin price, how low will we go?

This research is supposing by xbt.social with a 3-hour delay. Read a full research here. Not a member? Join now.

Bitcoin Price Analysis

Time of analysis: 15h00 UTC

OKCoin BTC/USD 15-Minute Candle Chart

Selection_20160707_003

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

Bitcoin cost has finished a approaching astonishing and stepped over a edge.

Those propitious so-and-so’s during xbt.social had a Sell trade open during 04h15 UTC when a current sell vigilance (red arrow) was issued opposite a timeframes we lane (signal limited to subscribers).

Fib prolongation targets for a disappearing cost call are nearby $600 and $550. The Fib prolongation apparatus is drawn opposite a length of a disappearing call that starts during a top-left of a chart.

A call count for a initial disappearing call is annotated: i-ii-iii-iv-v. Now that we have another disappearing call unfolding, it is


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