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Bitcoin at reversal point 1200

Short
BITSTAMP:BTCUSD   Bitcoin
Last week bitcoin has updated all-time high to US Dollar at 1218. Growth potential is currently limited by dynamic resistance trendline that connects Dec 2015 - June 2016 highs, confirmed with Jan 2017 reversal at 1120.
Considering bitcoin dynamics it may reverse from the current point and quickly drop down to 1100 and 920 support levels.

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