Bitcoin Surges 8% Overnight in Corrective Rally, Potential Full Reversal?

in #dlike6 years ago

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The price of Bitcoin (BTC) has increased by more than eight percent in the past 24 hours, as the dominant cryptocurrency recovered to $4,000.

On fiat-to-crypto exchanges like Coinbase and Bitstamp, Bitcoin is yet to surpass $4,000 mark but on crypto-to-crypto trading platforms, the price of BTC hovers at around $4,100.source link


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Seems like all coins are on positive direction. That is really good news for us. 

 

By the way, the picture you have chosen here is really awesome. 

As a matter of fact lets see if it can hold its position and we get to see sth good out of it.

 

Hoping to see a recovery very hard soon :)

Fish on the sunlight

It's too early to talk about full reversal. There is very strong resistance at $4150. For now let's hope we have reached a strong support and the price will stop going down.

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