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Jan 23, 2018 9:02 AM

BTC bears rejected (again and again) Long

Bitcoin / DollarBitfinex

Description

6 days now out of the past 8 the bears are trying to break through support between 10100-10600 and each time rejected with a daily close above the support zone. This means the buyers are happy to soak up all sells in this area. I believe today is seller exhaustion day and we will see shorts give up and close higher than 10600 ending the current correction and triggering a powerful leg up.
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