Bitcoin Analysis for 2020-02-06 [Premium Analysis]

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On Feb 5, the Bitcoin price created a bullish engulfing candlestick and is in the process of breaking out above a significant resistance area. Bitcoin Price Highlights The Bitcoin price is in the process of breaking out above major resistance. It is following a parabolic ascending support line. There is resistance at $9,600 and $11,000. Short-term indicators support a price
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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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