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BTC in a Rising Channel. Charted out with Fibs

BITSTAMP:BTCUSD   Bitcoin
BTC at the moment is in a Rising Channel, and when mapped out with Fibs, it does chart out very well.

Currently we are seeing resistance off the 0.786 Fib level, after bouncing off the bottom. If we don't break resistance here, it's possible we return to the bottom of the channel.

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