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RE: Bitcoin Trend / 11-10-2017

in #bitcoin7 years ago

As CNBC hint, it may simply be a mistake on behalf of CoinDesk.
Price tested 4900.00 level close to the record highs
and might be due for a quick pullback to support
100 SMA is close to 38.2% Fibonacci retracement level around $4600.00
200 SMA is close to 61.8% Fib at $4400.00
If any of the retracement levels keep losses in check, bitcoin price could move back $5500.00