Bitcoin price found support at the base of the previous advance and surged to the upside during Sunday trade.
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Summary
Bitcoin price had been testing the $380/$375 and 2500 CNY level for support, found it, and surged higher. A correction near $400 and $2650, once complete, should see price pushing toward initial targets at $414 and $2720.
Disclaimer
The writer trades Bitcoin. Trade and Investment is risky. CCN.LA accepts no liability for losses incurred as a result of anything written in this Bitcoin price analysis report.
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