An overview of bitcoin exchange rate — Smooth slide (16.08.2016)

in bitcoin •  9 years ago 

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The exchange rate of bitcoin continues to demonstrate rather sluggish dynamics of the smooth slide of prices. Indicated in the last review, the key levels yet have not been worked out in any direction, so to speak about some specifics not yet possible. Apparently, at the moment we descend to the district of $543, where a very strong support level. The breakdown of this mark down the price will go rapidly in the neighborhood of $470, as the range of below $540 is not traded. And the spike of panic sales as time ends in the neighborhood of $477, that is, the channel is to reduce the already laid. About the growth will be only provided the breakdown of the $590 up with the next target around $630. However, while this is an unlikely scenario. We see apathetic depreciation of bitcoin without trying growth even short-term. At the moment the mood is still in the red zone, and rely on growth is not necessary. Prisoedinyaytes to our Slack chat where discussion of trading is conducted 24/7 among more than 900 users. Good trading! The review reflects the subjective position of the analyst coinspot subject to personal trading style. Trading operations with cryptocurrency are increased risks due to the nature of the market. The editors are not responsible for your trading decisions and recommends trading only to those funds, the loss of which will not be critical.

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