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The support level for Bitcoin has dropped down below its historical low. Could Bitcoin hit $3,000 before the weekend? Mark will take us through the charts and tell us what to look for.

Mark is an active trader on the ACB team and a technical analyst. He is not a professional financial advisor. You should do your own research before investing and should never invest more than you can afford to lose.
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23 Comments »

  1. Remember that 3000$ is extremly high and have alot of room to move down.

    Im guessing 500-1000$ in a few months and we back to the "normal" bitcoin price before this 20k bubble happend.

  2. Sure does feel bottomy. My best trades lately are cooking big chunks for no more than :15 mins with stupid tight stoploss triggers. Still profitable but now it takes crap loads of trades done @ 0.2% yields or less. Choppy waves folks-stay frosty.

  3. Unfortunately it will comedown. Dollar is up, economy is getting better, US exporting oil etc… People are pulling out. Crap! 🚑🚒🎢🔌🔌🔌🔌🔌 Investors are pulling the plugs😭😭😞

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