Bitcoin Price Surges But Remains Cautious

Bitcoin Price Surges But Remains Cautious


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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.

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: 14h30 UTC

OKCoin 3Months Futures 1-Hour Candle Chart

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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).

Given the



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