BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
112 0
The blue downward trend line is now acting as support and the 50 day ema is acting as a strong resistance with the downward red trendline .However,we have already broken that trend line on the linear scale and it might be that it is facing a retracement to 7.6K$ before breaking out on the logscale.

Take this analysis as a grain of salt.
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