BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
583 0 0
Still a lot of work to do in this weekly cycle. The 355-360 level will need penetration in this cycle. Sustained activity above 400 will be needed in order to pin the weekly stochastic and break the upper cloud 680 level. Certainly the monthly is in a bullish position to help achieve this. We shall see but there is a lot of work to be done. In BTC's history, we have never had to break out over a weekly cloud. It will be an interesting summer.
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