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FX.co ★ BITCOIN Analysis for February 14, 2018

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Crypto Analysis:::2018-02-14T17:39:32

BITCOIN Analysis for February 14, 2018

Bitcoin has been quite impulsive with the bullish gains today which is currently residing above $9,000 price area. The market has been quite slow and steady with the gains but the sustainable momentum is a positive sign for the future of Bitcoin. The Cryptocurrency market is now turning more mature every day whereas uncontrollable volatility was not observed recently. As of the current scenario, the price is expected to proceed higher towards $10,000 price area before showing any bearish pressure in the coming days. A daily close above $10,000 is expected to lead to further bullish gains which are expected to be much more impulsive reaching $12,000 price area. As the price remains above $7,500 with a daily close, the bullish bias is expected to continue further.

BITCOIN Analysis for February 14, 2018

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