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Bitcoin is doing it's ABCs technically. What will the buyers and selllers do at the old support?

FxGain News Newsdesk · · reported by 1 source

Bitcoin is doing it's ABCs technically. What will the buyers and selllers do at the old support?

What we know so far

investingLive Crypto (Nov 9, 20:21): Bitcoin is doing its ABCs technically. The A leg was Thursday’s sharp break lower, the B leg was the corrective bounce over the weekend, and the C leg took the price through Friday’s floor and toward the 200-day moving average. Buyers have stepped in ahead of that moving average twice. The next test is whether they can get the price…

Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.

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