BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar

BTC has broken through the line that was previously a support. It has now switched a line of resistance. If BTC can't break through this resistance it appears very likely it will also fall below the neckline of the huge head an shoulders formation and depreciate to ~$6K. The next 24 hours could prove very critical for BTC and all digital currencies.

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