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BTC: Recovery Phase Stops

ThinkMarkets
By ThinkMarkets

BitCoin after the recent recovery, yesterday the market showed with daily close a sell signal.

As shown below on the daily chart. Prices could not close above the resistance are of 9200. However, it created a sell signal which mean the prices would continue the mid-term down trend if the prices did not close above the mentioned levels.

ThinkMarkets
ThinkMarketshttps://www.thinkmarkets.com/
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