#4 - BTC Rising on low volumes about to encounter key resistance

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As BTC shows signs of weak recovery (on low volumes) it is about to:

• Retest the 4 day rejection level around 7100-7300
• A break above 7300 could see a quick rise to 7600
• 7600-7700 is heavy resistance at the descending trend line . A break above this would add much needed confidence into the scene.

Not financial advice.


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