Bitcoin Price Stages Recovery: Temporary or not?
In our intraday technical analysis piece we published yesterday afternoon, shortly before the European session drew to a close, we pointed out couple of key levels to watch in the bitcoin price and suggested that a break of any of these levels would offer us a medium-term bias and signal entry in the direction of the break. Action is now matured overnight, and we did see a break - somewhat unexpectedly - to the upside. This said, what are we looking at now in the bitcoin price? Take a quick look at the chart. As the chart shows, having reached floors of around 237 early Tuesday morning,....
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