Flash Alert: Saturday 3rd August
Bullish technicals are reappearing.
- Current price of bitcoin (at the time of writing) is $10,766.46;
- Strong support shown at the long term uptrend;
- Short term bearish regression line breaking down;
- Bullish Moving Average Convergence Divergence (MACD) crossover spotted;
- Bitcoin might retest $12,000 level!
A follow up of this price analysis may be found on the Flash Alert dated Wednesday 7th August.
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