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Topic: [2016-07-24]Bitcoin Price Decline Complete? (Read 257 times)

hero member
Activity: 574
Merit: 500
July 25, 2016, 09:45:10 AM
#2
I do not consider the last price movement after halving as a "dicline", it was just a little correction. the price is very stable now and it needs more market activities to have more movements
full member
Activity: 238
Merit: 100
Despite bearish bias in the 1day and 4hr timeframe charts, the market is pushing higher from the past week’s low. At the time of writing the upside looks like a correction of the decline from $680. If this turns out to be the case then a potential corrective target is at $664 (Bitstamp). If price continues higher above this level then the market may be looking to reattempt $680 and advance, although this will only become the favored outlook if 4hr and 1day indicators turn bullish.

https://www.cryptocoinsnews.com/bitcoin-price-decline-complete/
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