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Author Topic: [2016-09-16] Bitcoin Price Movement Due  (Read 242 times)
hendra147
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September 16, 2016, 07:41:24 AM
 #1

Bitcoin price trades sideways below its 1hr 200MA and the market must soon choose direction. Let’s see, just maybe we get trend progression today, and a blast back to the recent high near $640. Perhaps price continues trading sideways and we only see a decisive movement when some exchanges do futures settlement on Friday.

https://www.cryptocoinsnews.com/bitcoin-price-movement-due/

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September 16, 2016, 09:20:37 AM
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I personally expect the price to go down below $600 before the end of next week. There is no real upwards potential at this point since the selling pressure on the market is too heavy to not let the price fall below the $600 level any time soon.

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September 16, 2016, 02:25:14 PM
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Is there a problem with the article's link? I cannot read it and i got redirected to the first page...
In the other hand it is hard for the moment to predict what will be the next price especially when it is $6 above the line 500/600

 
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