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As the price of bitcoin has increased closer to $12,000 from early-February lows, associated transaction fees have gotten smaller, according to Credit Suisse. It's a reversal of the trend seen in the last half of 2017, when transaction fees shot up as bitcoin increased in price.
"While this is only a two-week retracement, and continued price appreciation could still cause an increase in fees, this early indication is somewhat contrary to what we would have expected given past trends," Credit Suisse wrote.
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Good morning Traders, this was our last published idea (on TradingView) about bitcoin. Thanks to the Traders who supported our bitcoin ideas. (Instead we will continue to follow crypto currencies in our blog)
@a.shevelev002, From our point of view, there are still no elements to support that at the moment, but it can happen in the future ...
angel_lobs
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@SignalSwiss, I did not understand your reply, on the correction waves the "Big" wave A and C both have 5 sub waves, and wave C only has 3. The i-ii-iii-iv-v waves you drew suggest that wave A (because those 5 sub waves make wave A) by it self will go to 3k, which I do not understand. On top of that inside those 5 subwaves you have a few ABC there that are kind of random.