Bitcoin and Litecoin Technical Update (9/9)
shared by livebitcoinnews on Nov 14
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Bitcoin is signaling a bearish outlook. Last week, price failed to rally above the 50- period simple moving average (SMA). This week, price broke below last week’s 470 low. Then after a bullish pull...
back, price still remained below the noted resistance factors, confirming the bearish outlook toward the 442 August low.
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