The Bears Win this Bitcoin Price Battle
It appears a tug of war between the bulls and the bears, stalemated for a while, is finally being tilted toward the bears. For several days now, in the shorter term time frames, there has been a preponderance of evidence or clues, that the market wanted to go lower. As markets are known to do, it stubbornly refused to do so. Eventually gravity wins, and what wants to go down, does go down, especially when popular webwallets have security flaws. 8-hour Chart. Let's look at the 8-hour chart we saw last night. Note that for the first time since the October low, we have had a close beneath the....
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