The bitcoin price has accomplished its first technical cycle, and a congestion area could institute a trading box for the next 3 months, depending on fundamentals, political factors and news before a new rise to the annual objective near $1800 USD. Also read: Bitcoin and Brexit: Did the Great UK Debate Move the Price? Bitcoin Price Headed for Period of Congested Trading Long Term Analysis Prices had arrived to their long term technical objective, ending the cycle.
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