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Bitcoin price analysis of April 29, 2021

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Mario Carotenuto
@trade60
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Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today:

MAX 57700 LOW 52000.

The trend is considered negative as long as there is no daily close above $ 55400. Otherwise, prices could go into the $ 50,300 area.

Today's candle formed a swing point with a high of $ 56476.

Today's candle formed a swing point with a high of $ 56476. I would try to buy at $ 50300 and it has held up quite well.

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.

THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

Charts from tradingview.com

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