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CryptoNewsZ 2020-05-04 13:26:06

Bitcoin (BTC) Draws a Descending Channel as the Countdown for Halving Begin

Bitcoin draws a descending channel as it retests support around $8.6k price area with a lack of support on the half-hourly chart. The 20-day Bollinger Bands laid are not hinting towards an unprecedented volatile breakout. With intermittent hikes above $9k, BTC is now drawing a downtrend as it trades at $8,680, at the press time. …

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