Beware of robber banks (RB), bad advisors.
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Bitcoin Continues To Trade In A Channel Pattern
One month ago, I showed how Bitcoin had been trading in a channel pattern as it lost nearly half its value since hitting a high of approximately $14,000 in June. Since then, the cryptocurrency has traded aimlessly as holiday trading volumes remained light. If Bitcoin can stage a convincing, high-volume breakout above this channel in 2020, further gains are likely. If Bitcoin breaks decisively below its $6,000 support level, however, it is likely to test its late-2018/early-2019 lows. The weekly chart makes it easier to visualize Bitcoin’s $6,000 support level and the channel pattern that has formed since June. ... (full story)
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- Dec 31, 2019 1:59pm Dec 31, 2019 1:59pm
- Not-KPMG
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- TudorIoan
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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