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RE: Coinbase Crashes As Bitcoin, Ethereum Join FANG Stocks Meltdown

in #bitcoin8 years ago

Bitcoin has been rising faster than the upper Bollinger band, so a consolidation is to be expected. It is still above it's 34-day moving average. If a new top forms below the upper band, then it will be time to move to the sidelines to await a buy signal.

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I'm glad to see someone else understands the charts ;p