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Bitcoin Daily Analysis 17.10

BITMEX:XBTUSD.P   Bitcoin
Hello, dear traders, subscribers and visitors of TradingView! The Lemon Insiders analysts team has prepared for you a fresh daily analytics, look!

We continue to move in the ascending channel at 1H and 4H. Today is the expiration of futures, which means that the graph can again draw a "helicopter". True, with each expiration, the chances for another takeaway become less as the manipulator notices that traders have already become able to earn on expiration and increased volatility, so he will draw new movements on the chart.

We are more inclined to the fact that the price of expiration can be lowered a little to 100-120 points maximum, after which the growth will go up to 6550-6600. The manipulator is unlikely to allow the crowd to fulfill its plans; it will be more profitable for him to close the already open shorts in the footsteps, and only then go down.

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