Bitcoin BTC update and analysissteemCreated with Sketch.

in #bitcoin2 years ago

Hi everyone, welcome back to my blog. I am back in today's blog again with my regular Bitcoin analysis post. Please support with your upvote likes, resteem shares and comment replies to keep me motivated.

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🔶 Bitcoin continues to move down and volume is still decreasing. Tomorrow is weekly candle closing and again we will see closing in the red. Rest everything is the same as per my previous post.

🔶 Bitcoin is trading above $19,000 and $18,800 is working as a good support area. A breakdown below this area will take the price near $18,000.

🔶 In recent weeks, miners have made important transfers to exchanges, but not to the spot market, these have been to the derivatives market. Let's see how this impact the market.

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