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Exclusive Bitcoin (BTC) Falls After Deviation Above Range High

2 mins
Updated by Kyle Baird
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In Brief

  • Bitcoin is trading below resistance at $40,550.
  • It has broken down from an ascending support line.
  • BTC has completed a long-term B wave.
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For BeInCrypto’s previous bitcoin (BTC) analysis, click here. 

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Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona School of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst. (I do not have a discord and will not contact you first there. Beware of scammers)
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