Bitcoin Price Analysis

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It looks like the Bulls Entered in to the Market again On June 30. #Bitcoin pullback from $5800 trying to Break the Downtrend. If #Bitcoin Failed to #Break the #Downtrend Line it can again go to $6000 Level.

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If #Bitcoin sustains above $6700, & sustains above $6500 for few Days then we can say that #Bitcoin Might go Up. If #Bitcoin Cross $7000, then might go to $7700 as well. People who are trading can use Stop loss at $5900.

If the bears break below $5900, then #Bitcoin First Support at $5500 and Below that Next Support Level is at $4900. However, according to Candles its looks #Bullish #Engulfing.

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#RSI also looking good now above 40.00, you can see the #RSI Support Line I have drawn.

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Conclusion:
All Indicators now looking good and showing Positive Signals but still we have to wait for this #Week Close or $7000 to cross for Final Confirmation.

Please Leave #Comments about your Review on #BITCOIN Price In future and Bull Run.

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@piyush2516
@cryptopiyush online

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