Bitcoin Price Up: Breaks $400
Following ten months of downtrend and a decline low of $275 the price of Bitcoin is back above $400 and advancing steadily. CCN has been following the decline on a daily basis and our analysis called the bottom at $275 last Sunday. Be sure to stay tuned to CCN for blow-by-blow Bitcoin price analysis and daily target updates. The Bitcoin price's return above $400 is a sign that traders are confident in Bitcoin again. The advance from $275 looked like it would inevitably turn down - as it had on so many previous occasions during the decline. However, last night price touch the critical $400....
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Here's a look at what we are focusing on in the bitcoin price this evening. Action today has been pretty flat, and we’ve not had too much opportunity to get in and out of the markets according to the levels we outlined this morning. Price ranged sideways for the majority of the European session, and while we got the odd break, it didn’t last, and price returned to close back within the range before the candle closed out, so we didn’t get in on the break. It can be frustrating sometimes when we don’t get in on the breaks, especially when we see volume, but there’s a silver lining. When....
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