LFalcon72

Bitcoin Long Term Trend

GEMINI:BTCUSD   Bitcoin
Although Bitcoin has found good support at current prices, it wont last for long. The RSI and long term resistance and support indicate some more consolidation downwards and maybe even another retest of the bottom upward trend line. We can expect in the short term a retest bounce around 6-7k if the current support does not hold. I do presume it will happen faster than we expect but recover to current prices and even higher after one last dip like that.
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