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Bitcoin Forecast May 8, 2019

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Админ Админович
Опубликован в 24 Oct 2021 / В Компьютерная тематика

Bitcoin markets rallied again during the trading session on Tuesday, reaching towards the crucial $6000 handle. This is an area that I have been talking about for some time, because it was so important in the past. So at this point, I suspect that we are in a bit of danger when it comes to the short-term uptrend. This makes a lot of sense, because we have been so relentless to the upside. That being said, this is an area that should be a lot of trouble, as it was so massive as far support is concerned. The fact that we have rallied like this means that we are probably due for a pullback, because not only is it a large, round, psychologically significant figure, but it is also the top of a rising channel. Overall, I think that we probably will pull back from here but it should end up being a buying opportunity over the longer-term. for more analysis: http://www.dailyforex.com

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