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That seems to be the question being pondered by both proponents and skeptics with volatility lingering at the lowest level since before the epic surge and collapse of the peer-to-peer electronic alternative to cash. Those looking for some guidance from historical pricing patterns are out of luck. Neither a strong positive or negative divergence has formed over the past month, technical analysis measures show. Bitcoin traded in a similar pattern only one other time this year — in June, when its price jumped from around $5,900 to around $8,200. Bitcoin is celebrating its 10th anniversary this month. But it took... [link] [comments] |
source https://www.reddit.com/r/btc/comments/9m5t3n/bitcoin_hits_inflection_point_with_volatility_at/
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