Just like I expected during my previous analysis, bitcoin price dipped last week to record a low of $2045 on Bitfinex yesterday. The support level around $2262.62 seems to be strong enough to resist further drop and the low recorded ($2045) was nothing more than overshooting below support.
Bitcoin price will most probably start rising again to complete a 5 wave Elliott formation. Here is part of my weekly analysis on livebitcoinnews.com
To read the whole analysis, kindly visit this link
let's buy more!
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This is just a mild correction, price of bitcoin will definitely rise even high , great content bro , keep it up , following you
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Thanks. I am glad it was helpful.
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