Bitcoin Analysis for 2019-10-29 [Premium]

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The Bitcoin price broke out from a descending wedge an initiated a rapid upward move. However, it has failed to reach a close above a significant resistance area and has created three successive long upper wicks. It is trading inside a short-term symmetrical triangle. Bitcoin Price Highlights The Bitcoin price is facing resistance from the 100-day MA. There is resistance at
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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