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Bitcoin (BTC/USD) Daily Chart Analysis 10/6

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Implications and Outlook
The very first level to observe on the downside is the beat up Mean Support $6442. Once this level is surpassed, the Bitcoin coin could drop to the next level of Key Support 6134. The bulls may well kick off a vigorous defense at this price level.

On the upside, a breakout above crucial Mean Resistance $6750 will lift the crypto currency towards the significant overdue zone of Coin Rally $7290 and Key Resistance $7360.
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