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Bitcoin cost surges aloft though stays within a area of a new correction. Technical research looks during levels and acknowledgment of advance.
Bitcoin Price Analysis
Time of analysis: 14h30 UTC
OKCoin 3Months Futures 1-Hour Candle Chart
From a research pages of xbt.social, progressing today:
Price has surged aloft from a 1-hour 20-period relocating normal (20MA).
Although this could really good be a start of a subsequent call of allege toward upside targets during $600 and $680, there are dual concerns that aver caution:
1) The tiny parabolic call of a past few hours typically characterizes a finale of a surging move.
2) Price has not nonetheless left a area of new improvement (blue rectangle).