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Oil to blame
Bitcoin still shows little appetite to
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Bitcoin still shows little appetite to rise and is trading in a range. Last week we saw prices climb from $63,500 to $74,000, but at the start of the new week, prices fell back to $66,500. The first cryptocurrency is now rising again, which perfectly fits the character of range movements. In the near term, traders can expect a sell signal to form around the upper border of the sideways channel on the 4?hour timeframe. Remember that in a downtrend
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Stanislav Polyanskiy
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