BTC - 06/05/2019 UPDATE

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
After a steep sell-off, things are stabilizing. 9000 did end up being a significant level of resistance, as evidenced by the reversal near that level. On the bright side, we retested support at 7400 yesterday, 6/4/19, and it appears to be holding. Expect some chop, and perhaps some consolidation, considering we surged 80-100% in just two months.


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