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BTC is still in the upward moving trend

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators BTCUSD XBTUSD
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BTCUSD

The price has been keeping above the bollinger band basis, and if the price keeps above the current 24 DMA support line, the upward trend will continue to attempt previous highs.
Komen:
The key level for upward transition is 24 DMA. Daily close price has to be in a near value to it. If not, we may enter a consolidation period for some days as the bollinger band has narrowed its width.

Idea Berkaitan

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BTC consolidation : Three trend lines before the Rally Round 2
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The critical MA for breaking out this consolidation is THIS.
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BTC has tested 30 DMA support. Now what?
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BTC is likely to have a consolidation period for days ahead
Penafian

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