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Corona virus news:
On April 5, Italy's "blood donation day," the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser.The Italian Red Cross has raised nearly $32,000 through cryptocurrency donations in less than one month. Roughly $22,000 has been used to finance the construction of the initiative's first advanced medical post in the town of Castel Gandolfo near Rome.
The funds were spent by the initiative to purchase a pneumatic tent that will house the medical post, in addition to other materials. The tent was erected during Italy's "blood donation day" and used as a screening station for pre-donation medical examinations.
Technical analysis:
BTC has been trading downwards as I expected. The price broke the Pitchfork mini upward channel and it gave us the first signal for the potential chage in the trend from bullish to bearish.
Watch for selling opportunities. The area around $7.500-$7.600 looks like good zone for sell posiitons.Downward targets are set at the price of $6.595 and $5.813.
MACD oscillator is showing decreasing on the upside momentum and the slow line turned to the downside, which is indication for potential change in the trend.
Major resistance pivot zone is set at $7.600-$8.000
Support levels are set at the price of $6.600 and $5.813
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