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BTC/USD – Asymmetric Triangle Breakout

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin is trading with a bullish bias after coming out of an asymmetric triangle pattern. The pattern was providing a solid resistance near $6,800. For the moment, BTC/USD can face an immediate resistance near $7,735. The violation of this level is likely to open further room for buying until $8,335.
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