BTCUSD Poised near $2,900 ahead of August 1st Fork DaysteemCreated with Sketch.

in money •  7 years ago 

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Tuesday 1st August, 2017 1111 GMT - Bitcoin has raised again near to it's recent level of repeated resistance at $2,900. A inverted head and shoulders pattern has formed on the 2 hour chart, with the neckline at the $2,900 resistance.

Exchange order books are currently filled with extremely speculative orders across many alt coins and BTC pairs ahead of the Segwit BTC / BCC Fork.

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Looking at the daily point and Figure, we can get a clearer picture of the price action.

money crypto trading
7 years ago by

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