Bitcoin August 14 daily chart alert - Subdued sideways summertime trading

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Bitcoin August 14 daily chart alert - Subdued sideways summertime trading Cryptocurrencies

Not much new in the lazy, hazy days of summer. Prices continue in a sideways and choppy trading range. Neither the bulls nor the bears have been able to gain much traction in recent weeks.

See the support and resistance lines on the chart. The direction in which prices break out above the resistance line or below the support line is likely to be the direction of the next trending price move in the market.

 

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