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Jan 13, 2017 8:18 PM

BTCUSD Outlook  Long

Bitcoin / U.S. dollarBitstamp

Description

We made a perfect double bottom touch of the daily ichi cloud. As well as bouncing off an RSI trendline that has been in play for 2 years. Higher timeframe indicators have recharged nicely. It only seems logical for bitcoin to attempt to reach it's previous high and perhaps move past it At worst we'll get close to the ATH and double top which would result in a year+ long bear trend.
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