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Bitcoin at this time is trading at $4070 with 3% rise on day to day basis. A positive rise against all news regarding Chinese regulation. It seems that it will keep on spiking again and cross $4800 this week as it is yet at 6% lose on a monthly basis due to strong faith of cryptomarket investors. It will be a good time to invest.
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$4800 seems to be some resistance. Might hedge into cash around there and wait for the pull back to $4600.
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Of course $4800 seems to be resistance but pullback is absolutely necessary for price correction and if all goes well we can expect again a spiking.
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