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Sycnox

Bitcoin facing a strong support area (logarithmic chart)

Long
Bitcoin (BITSTAMP:BTCUSD)  
Sycnox  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators
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trendanalysis indicator
Bitcoin should found support arround the area 20k to 15k: channel, pivot area, MM200 weekly and RSI (oversold) should make it so hard to break in the near future.
The downside pressure could continue until RSI break the downside tendency.
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