Bitcoin price has fallen below critical support – the 1-hour chart’s 200-period moving average – and invalidated our expectation of one more advancing wave. The current chart setup is bearish but prudent traders may want to wait before positioning aggressively short. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $ 29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h43 UTC BTC-China 1-Hour Chart From the analysis pages of xbt.social, earlier today: Considerable annoyance at the market’s failure to meet the precedent […]
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