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Bitcoin (BTC) Consolidates but Begins Gradual Decline

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin now fluctuates below the $9,000 on a daily bases as the bulls fail to break the $8,800 resistance level. On Daily bases, small body candlesticks form below the resistance level. These candlesticks describe the indecision […]

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Bitcoin (BTC) Ranges as Dominance Falls

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is still trading in the bullish trend zone. We have entered the fourth day as Bitcoin continues to struggle below the $8,800 resistance level. On a daily bases, the bulls will test the resistance level and […]

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