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Bitcoin (Fake breakout) Resumes Drop
Bitcoin
Bitcoin (Fake breakout) Resumes Drop
By AlanSantana
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Jul 9, 2020
6
Jul 9, 2020
What we saw recently for Bitcoin (XBTUSD) was a fake breakout. Prices moved above support just to quickly fall back down.
Our previous view/analysis remains valid.
Prices are now trading below MA200 and also below the purple trendline.
Additional information:
Thanks a lot for your continued support.
Namaste.
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