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Bitcoin at the Brink as Gauge Signals an Inflection Point
2019-01-10 10:53

The narrowing of the upper and lower bands of the GTI VERA Bands Indicator suggests Bitcoin, which in its longest buying trend since September, is on the verge of a breakout. “It’s unlikely that the bottom is in for Bitcoin,” said Travis Kling, founder of the crypto hedge fund Ikigai. “I am certainly willing to change my mind, but the preponderance of evidence leads us to believe that we’ll see more lows before we head higher.” (Bloomberg)

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