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Bitcoin Analysis: Trouble ahead?

The previous Bitcoin analysis did put the current price action in proper perspective, and is crucial to the future progression of Bitcoin.

Bitcoin price prediction

Price action remains within the range anticipated, maintaining a sideways channel from ~$6885.70 and $6,190.30. The 6 hour time frame Relative strength index (RSI) does favor more bearish momentum, which implies the possibility that support will be tested.

A break below $5,839.30 = more selling to come.

Interested in Ethereum (ETHUSD)? Check out our previous analysis here. Moreover,  Cardano price analysis can be found here.

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One thought on “Bitcoin Analysis: Trouble ahead?

  1. […] Interested in Ethereum (ETHUSD)? Check out our previous analysis here. Moreover,  Bitcoin analysis can be found here. […]

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