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and a total volume exchanged of CA14,285,292,720 1h 24h 7d 14d 30d.37 -1.6 -1.4.9 -4.5 -54. November 29th, 2018, bitcoin Technical Analysis - FXStreet - November 28th, 2018, bitcoin (BTC) Price, Chart, Info CoinGecko - November 28th, 2018, bitcoincharts Charts - November 12th, 2018, coinDesk - Leader in blockchain news. Resistance leger walltet bitcoin gold and support levels, as there are trend lines, there are also horizontal lines that express levels of support and resistance. Bitcoin is a digital currency, sometimes referred to as a cryptocurrency, best known as the worlds first truly decentralized digital currency. Bitcoin is traded on a peer-to-peer basis with a distributed ledger called the Blockchain, and the Bitcoin exchange rate to the US Dollar and other major currencies is determined by supply and demand as with other global exchange rates.
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As opposed to technical analysis, fundamental analysis is more focused on establishing if a coin is over or under valued. Further reinforcement of the trend is obtained when the resistance level becomes support level, and being tested from above shortly after the breakout. If the volume is decreasing during increases, the upward trend is likely to come to an end, and vice versa during a down trend. A long-term trend of healthy growth is accompanied by a high volume of increases and a low volume of declines. November 17th, 2017 The Rise and Fall of Bitcoin wired - November 17th, 2017 Bitcoin Exchange Rate Bitcoin Live Converter Preev - September 29th, 2017 Bitcoin r/Bitcoin - reddit - September 20th, 2017.