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Cryptocurrency space with BITCOIN tumbled after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately. A large amount of volume comes from China so of course, this news will affect the prices.
First support line already break down, and next support around 3700, if this level also breaks, last support line is below 2500.
Because of this price corrections, this is a good time for new investors.
What do you think?
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Tnx, I appreciated.