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CCN 2019-08-20 18:30:40

Bitcoin May Plunge as It Prints a Familiar Bearish Structure

By CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at the support. A good example of this principle is the bitcoin breakdown of the $6,000 support on Nov. 14, 2018. In the chart above, you’ll see that […]The post Bitcoin May Plunge as It Prints a Familiar Bearish Structure appeared first on CCN Markets

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