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Bitcoin Is About To See Weakness? | September 6, 2019

As you can see from the chart below Bitcoin is approaching the downtrend line that began in the end of June 2019. We need to see increased volume and weakness price bars to determine if weakness will overcome the strength. On the other hand if we see increased volume with strength price bars then Bitcoin will break the descending line to the upside to continue movement higher. The inflection point will occur around $11,000.00.

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