Bitcoin Coin Up $350 – After a stretcher, coin holders are finding reprieve. BTC/USD is up to $350 in the last day but could edge higher now that Wall Street companies are forming a self-regulatory group ADAM with the aim of “cleaning” the crypto image. Weeks after the lower lows that have seen bitcoin drop from $20000 to just over $3500, recovery possibilities are visible. BTC against USD down by 20% early this week and massive 13% in last day. global X change.
Global exchange. From the above chart, risk traders should not jump right in instead they should load at spot price as they take advantage of a clear three bar bullish reversal pattern. globalxchange. Traders can run up with stops at Nov 25 lows of $3700 with the first target at $4700 and later $5800 assuming momentum is high.
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