TRIFRACT

Bitcoin approaching the 4.2k$ Resistance(Bitstamp price)

BITSTAMP:BTCUSD   Bitcoin
Two reasons for a small 300-400$ pullback once Bitcoin reaches the 4.2k$ area - the downtrending slope as well as previous resistance on the uptrending bear-flag. The pullback IF it occurs should be shallow to 3.8-3.9 for a few days before price moves ABOVE the downtrending resistance for another attempt to break the 4.2-4.3k level.
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