Bitcoin Analysis
Bitcoin’s price pulled back slightly on Wednesday and concluded the day’s trading session -$80.
The BTC/USD 4HR chart below by FXCM is the first chart we’re examining for this Thursday. BTC’s price is trading between the 100.00% fibonacci level [$15,479.00] and 50.00% [$16,926.00], at the time of writing.
BTC’s price is trading just below the 50.00% fibonacci level despite the Total Market Cap bullishly engulfing on Tuesday. If bullish market participants…
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