While Bitcoin briefly spiked to climb to $11,179 on the charts, it had fallen to trade at $10,944, at press time. A rising Bitcoin, accompanied by rising Bitcoin dominance, showed that altcoins were overextended in the month of August and are now either retracing gains made or consolidating for a next move upwards. Litecoin was in a phase of consolidation, while BAT looked likely to slide down south. Further, STEEM formed a bullish pattern but strongly invalidated the pattern as it dipped,…
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