GoldBands

BitCoin Resumes Bullish Move

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BITFINEX:BTCUSD   Bitcoin
August has brought with it a new bullish move in BitCoin. After selling off in July, the bottom of $9,100 has held for now and price is moving higher though the fib ladder. Additionaly the 21 HMA has turned green and price has pierced through the 50 HMA, all suggesting that another bull leg may be starting.

(This is not investment advice. It's just my take on how I see the charts at this moment.)

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