Bitcoin Price Weekly Analysis – BTC/USD Downsides Move Before Higher
Bitcoin price slow and steadily moved higher, but found sellers near $432. Moving ahead, buying dips in BTC/USD may be considered. Bitcoin price traded after trading lower towards the $410 level found support and started to move higher. There was a slow and steady downside move, and in the process of the upside move, there is a bullish trend line on the 4-hours chart (data feed from Bitstamp) of BTC/USD. The highlighted trend line and support area may play a major role for BTC/USD in the near term, and as long as the price is above it, there is a chance of more gains. The last two 4-hour....
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