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Bitcoinerx 2019-05-21 05:00:57

Bitcoin Price Analysis: BTC/USD Near-Term Support and Resistance Zones

Bitcoin is still trending higher on its short-term chart as it moves above a newly-formed rising trend line connecting the lows since May 17. However, the price is also finding difficulty breaking past the $8,300 barrier. The 100 SMA is above the longer-term 200 SMA on this 1-hour time frame to indicate that the path […]The post Bitcoin Price Analysis: BTC/USD Near-Term Support and Resistance Zones appeared first on BitcoinerX.

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