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Over the past week, the Bitcoin price kept on putting in consecutive lows, with barely any hopes in sight for a bullish reversal. However, on Friday, February 13th, the flagship cryptocurrency saw an upward momentum boost, where its value subsequently grew by 5.4%.
While this may have been good for short-term traders (specifically scalpers), a troubling future seems to be lying in wait for the premier cryptocurrency. This bearish prognosis is based on a recent technical evaluation of the Bitcoin price.
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