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Bitcoin W46 – What a drop

What a way to start the week. Massive drops bringing bitcoin price down to $306

We did warn a few days ago that we might test $320 and that’s exactly what it did and then even a bit lower than predicted.

 

Looking at below graph we are still trending upwards but as always, trade with great caution as we might see more dumps the upcoming days.

bitcoin_w46_mid

At least price seems stable for now in the $315 range.

We will follow the situation and post updates if anything major happens.

 

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