Bitcoin Price Corrects: Just Temporary?
Late yesterday evening we published our twice daily bitcoin price watch piece. In the article, we suggested that - as a result of the bullish momentum we had seen in the bitcoin price throughout the European session on Tuesday - we would be looking for a continuation of that momentum and a carry through of our breakout strategy to the upside. Action has now matured overnight and - as it turns out - we did not get any such carry through. Instead, we saw the bitcoin price reverse and correct from intraday highs to just shy of where we opened today's European session around 245 flat. So -....
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