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Blawpaw (OP)
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June 01, 2016, 09:53:37 PM
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Bitcoin Price Technical Analysis for 06/01/2016 – Breakout Correction Underway

The 100 SMA is above the 200 SMA for now, confirming that the longer-term path of least resistance is to the upside. However, the gap between the moving averages is narrowing so a downward crossover could be imminent. Still, the moving averages are close to the former triangle support, and this might be the line in the sand for any large correction...

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