TradeTheStructure

Bitcoin back down near support so is it going to base??!!

BITSTAMP:BTCUSD   Bitcoin
Bitcoin was been hit down lower after buyers could not push prices higher through 12230 and ended getting squeezed out of the action on the break below 11000. Price now needs to hold the longer term MA and build a base around current levels before convincing buyers to have another crack at a another run higher.

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