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BIG move coming for BITCOIN! Here's why

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Bitcoin is showing really low volatility and the Bitcoin volume is low as well. Usually big moves for Bitcoin are preceded by these periods of low volatility and low volume. The path of least resistance for Bitcoin price is a move to the downside, meaning Bitcoin is likely to go down. However, the 21 weekly EMA for Bitcoin is at around $9200 so a move to retest that is not very drastic for Bitcoin's price. It is also the same support level on the daily chart. Subscribe here for more Bitcoin technical analysis.

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