Bitcoin Price Recovering From Last Week's Nosedive!
Bitcoin price continued rising earlier today to print a high of $350. The buying volume of the market is rising as reflected by the market's volume depth graphs on bitfinex and bitstamp. It seems that bitcoin price will continue rising during the next few hours to test again the %23.6 retracement level at ($341) according to the Fibonacci retracement we plotted on our analysis on the 12th of November. Bullish Candlesticks on the 1 Hour Charts: By examining the 1 hour (BTC/USD) charts from Bitstamp (look at the below chart), plotting the Bollinger bands and executing the William's Alligator....
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