Sentiment among traders and speculators on the market is incredibly temperamental, swinging between bearish and bullish on an daily basis. The charts are relatively neutral but pressure is obviously building in the Bitcoin (BTC) market. Let’s have a closer consider the action. 1-Day Chart The one-day chart for Bitcoin (BTC) implies that, because the decline following three-wave run around $4200 during February, Bitcoin has been range bound — swinging around four
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Bitcoin Price Analysis: Pressure is Building
