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Bitcoin Elliott Wave Technical Analysis Today! Bullish \u0026 Bearish Price Prediction BTC \u0026 News #cryptocoincollectingalbum.com � confirmations. To check the status of your bitcoin transaction using blockchain explorer, kindly follow the steps below. Step 1: Go to coincollectingalbum.com A confirmation represents the acceptance of a new block (containing several transactions) by the blockchain network. A transaction with many confirmations.