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Bitcoin Price Testing Traders’ Patience

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Bitcoin cost keeps simmering next $600. Perhaps ominously so. Direction is capricious and a recommendation to traders stays a same: rather than expect a move, let a marketplace uncover a way.

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: 14h00 UTC

Bitstamp 1-Hour Candle Chart

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

The uptrend has usually mislaid movement and arena given a commencement of June.

Downside

From a bearish viewpoint a cost movement can be interpreted as a dull top. The opinion would be for cost to maybe try $600 again, and afterwards sell-off in a hitch of distinction taking. Although such a sell-off could pull cost behind next $500, a clever rebound from the


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