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Daily Crypto Price Analysis (Bitcoin 12th June, 2018)

Analysis Bitcoin

Bitcoin dropped to the lower side of a trading range, but still trading above important 6400 April swing level, so there’s still a chance for a bullish turn from projected wave D of a big triangle pattern, but only if it goes back above 7800 level. At this time, however, the more probable intraday scenario is a five-wave decline towards 6400 level. Intraday resistance is at 7k.

 

 

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