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Bitcoin Daily Analysis – Down 08.07.2021

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Today’s red candle on elevated volume completed a Falling 3 Methods formation, meaning the coin should see more lower prices. Let’s explore the hypothesis. DailyToday’s candle continued the closures below 8 EMA line. The volume has increased. The other indicators are pointing down. In a few day we may witness a 100/200 daily bearish MA…

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