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Bitcoin has failed to maintain close’s above the 11,800 long term swing point. This now puts the market on the defensive and as long as they continue to close below it, the target is 38.2% back of the.

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There are a few factors that suggest downside is imminent for Bitcoin, including high funding and euphoria amongst bulls.

BitCoin One (CURRENCY:BTCONE) traded up 0.5% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on August 31st. One BitCoin One token can currently be purchased for $0.0001 or.

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