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New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (6299.85), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price comes to ...
We may see a further dip over the next day or two, followed by what I think will be reversal back to bullish conditions.
Price was stagnant the last couple of days which made trading pretty boring, but we are now seeing some movement. Over the next day I expect the price to fall to around €6947 where it will find support, and then bounce back higher giving traders the opportunity to take profits.
The price did not rise as I predicted before as quickly as I expected, however it looks like it is going to gradually increase now.
Some very short term forecasts for bitcoin price.
The bitcoin price seems to be following this path that I forecast a few days ago still. What do you think?