Based on the daily chart, $0.63 is the neckline and if the price hover around that for too long to form the right shoulder, then a measured target to $0.47 shall be on the way.
However, since the rosy market prospect from bullish action originated from DJ, the formation is likely to be negated. The upside target shall challenge the recent top level.
The weekly chart seems to agree to the daily to reflect a potential reversal.
Interest in Bitcoin and crypto using Google Trends
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Bitcoin and cypto is really soaring. Interestingly, not many bloggers are
writing much about them like the past. The rise in price is not without
reason...
8 months ago
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