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       #Post#: 111--------------------------------------------------
       Bitcoin Price Analysis: BTC Facing The 2019 Critical Resistance 
       Line – Can The Parabolic Move Contin
       By: diuk Date: September 5, 2019, 6:05 am
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       Since our previous analysis, Bitcoin had succeeded in breaking
       up the 50-days moving average zone, straight into our next
       mentioned support area at $10,800, along with the crucial
       descending trend-line (marked with yellow on the following daily
       chart).
       From there, we saw Bitcoin taking a break to recalculate its
       next destination: Whether it’s finally going to break up the
       tend-line started forming at the end of June, when Bitcoin
       reached the 2019 high of $13,880, or whether this line will
       produce another roof for the cryptocurrency’s price.
       This is the bigger picture, and the chances are equal in my
       opinion. Some indicators are pointing up while some other –
       down. What is for sure is since the Bitcoin dominance had broken
       above 70% (for the first time since March 2017), the altcoins
       seem more like a falling-knife than projects competing with
       Bitcoin.
       More in this:
  HTML https://cryptopotato.com/bitcoin-price-analysis-btc-facing-the-2019-critical-resistance-line-can-the-parabolic-move-continue/
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