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Traders must remain patient for a range breakout to occur on high trading volume before betting on the next direction.
The high weekend volatility meant that long positions were highly risky, and short-selling was rampant.
The anticipated dovish Federal policy saw the Coinbase Premium Index turn positive on 28 November.
A sustained growth in spot demand and OI is necessary to drive the next rally.
BNB inches higher, yet resistance zones threaten to cap the move quickly.
Whales closing their BTC longs could also mean that smart money believed the upside is limited.
Lack of overwhelming buying volume in recent days could have an impact.
The weekly structure break meant that AERO investors and traders can expect another 29% price drop.
The Bank of Japan's tightening policy has led to sell-offs in Bitcoin previously, and could do so once more.
XMR's technical indicators showed steady buying pressure, justifying bullish expectations.
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© 2018 JNews by Jegtheme.