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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Bitcoin analysis for November 01, 2018

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Trading recommendations:

According to the H1 time - frame, I found that BTC reached my downward taget at the price of $6.174. Anyway, the price rejected strongly after the test of support but we got another potential buying climax, which is a sign that buying around $6.270 looks risky. My advice is to watch for a potential breakout of support at $6.250 to confirm a further downard movement. The downward target is set at the price of $6.173.

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