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3:0 06.02.2019
2019-02-6
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Bitcoin Forecast And Analysis For 6th February: Price Consolidating Between Buy And Sell Area

Hello everyone, this is a daily review from Liam Webb from CryptoTradingSchoolOnline specially for Neironix.

The drop into the green buy area I forecast in yesterday's post did not take place last night. The price has instead risen towards the sell area created by the large drop seen on the 3rd February.

At the time of this writing, the bitcoin course was equal to $3418 and the market capitalization was $60 billion.

The price hasn't entered the sell area yet, but if it does I expect to see a drop take place, possibly down to the green buy area. Other than that there isn't really much more to say. A small buy area exists between 3100 - 3200 (marked in red) that could cause a small reversal if the price falls, but this area isn't strong, so I expect any rise it creates to not last long.

For now, watch the price to see if it enters the sell area or falls into the small buy area or bigger buy area found below.

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@neironix_io
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