Nasdaq Leads Dead-Cat-Bounce Before the Weekend

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Technical analysis is the study of historical price action in an attempt to forecast future price movement. The assumption is that history tends to repeat itself and that human emotions such as fear and excitement can be predictable. That’s why technical traders and investors rely heavily on price action, volume, and other indicators to get a glimpse of where the market is headed.

We attempt to do the same for Bitcoin (BTC/USD). 2018 has been a difficult year for the cryptocurrency. The bear market has seen Bitcoin lose over 54% of its value year-to-date. Many are still predicting that we have yet to see the bottom of this downtrend, causing fear and uncertainty in the market. However, is there actual

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