Bitcoin exchange rate forecast for October 20, 2018

in #crypto-news6 years ago

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The bitcoin price chart continues to move as part of the correction after the global surge. As expected, this path is not very active: it is not a fall, but a sluggish decline due to the lack of activity of investors and loss of interest even among enthusiasts. With the exception of the minimal group supporting the idea of a great leap towards the end of the year, crypto publicity has delayed apathy. The lack of volumes and even the prospects for their appearance and cause such a movement.

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However, the course is within a limited control corridor. Before trying to get out and build some serious predictions for him, it simply does not make sense: the position is so unstable that the course of a pair can jerk in one direction or another under the influence of an artificially thrown package or news. However, even the news may not be required: enough insider information, for example, from the SEC. The latter is still thinking about the fate of ETF-funds. Moreover, given that it is planned to return to this issue in November, we can expect news for this period, even if nothing happens by the end of the month.

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ATTENTION! This article cannot be considered as investment advice! Always remember that investments in cryptocurrencies are associated with increased risk and any investment should be approached very carefully. Just pay your attention that the responsibility for making a decision lies only with you. Please consider all these risks when evaluating cryptocurrency-related investments. Invest in cryptocurrency only the money that you can afford to lose.

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