Bitcoin has been bullish in November. It should be noted that this rally is going against a prevailing downtrend that is intact. As we approach the end of the week, the virtual currency is testing a cluster of support, at the cusp of shifting away from this week’s bullish mode. (click to enlarge) Bearish Technicals:
Looking at the 1H bitcoin chart, we can see a few bullish technical conditions since rallying from around 318.
1) 200-, 100-, and 50-hour […]
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