Bitcoin (BTC / USD) Ranges - Up to $ 13,000 dollars?

Is the price moving in ranges?

Let's see

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Bitcoin has left the range that has remained for almost 3 months and the price is rising.

If we measure the previous range and project it, we see that it coincides with the upper part of the new range, where the price today has slowed down.

Captura de pantalla 2020-07-28 a las 2.14.23 p.m..png

We can expect that in the next few weeks bitcoin will correct its price after rising by approximately 25% in a few days.

We can measure a possible bullish range that would take the price up to $ 13,000 dollars

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Protect your assets use Stop loss

The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.

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