Expected trading for today is between 15500.00 support and 17700.00 resistance
Bitcoin price breached 15500.00 level and build support base above it..
So What Next!
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The price now around 16300.00 and the bullish wave, might move the price towards 17700.00 level, supported by EMA50 and stochastic positivity.
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Breaching 17700.00 level and hold above it will push the price up towards 19700.00 level.
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Analysts are attributing the recent climb to improved access to buying cryptocurrencies and bitcoin futures on the CBOE and CME have allowed access to more institutional and retail investors.
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Note, Breaking 15500.00 level and hold below it will cancel the bullish wave, as this level represents key condition to continue the suggested rise, and might push the price to 38.2% Fib closer to 15000.00 level before any new attempt to raise.
Expected trading for today: is between 15500.00 support and 17700.00 resistance.
Expected trend for today: Bullish.
YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
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