FXHighway

Bitcoin aims to go lower

Short
BITSTAMP:BTCUSD   Bitcoin
1
Bitcoin price shows more bearish bias after breaking 624.00 level, testing 609.00 now, while confirming breaking below this level will push the price to visit 496.80 mainly.

EMA50 continues to push negatively on the intraday trading, while the negative scenario continues efficiently unless breaching above 638.00

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