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TylerSimeone

One Last Resistance for BTC

Long
Bitcoin / U.S. Dollar (BITSTAMP:BTCUSD)  
TylerSimeone  
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Trend Analysis BTCUSD Bitcoin (Cryptocurrency) LONG
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trendanalysis btcusd bitcoin long
BTC has one last major hurdle to break through, which is the key resistance line in red around 11.5k.

So far it looks like it's coming in hot. If it can clear that resistance we could see clear sailing for a while for BTC .

Comments

kylerhaged
11.5k is what confirmed the bear-market in Jan 2018, with a double top, after 11.5 there is not much at all. 12.3k is would mostly likely be next with a heavy +-300 to 500 consolation range to fill in the volume profile there. Just need a weekly close above 11.5 first!
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