Until that Descending Triangle breaks , BTC will still be confined by a maximum value of 7,500 - 7,700 as the new Lower High on 1W (based on the 0.618 Fib. retracement).
AcharyaOne
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Do you think it can retrace again to 6k after touching upper trendline?
sykXBT
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@AcharyaOne, its a possibility i think a 7k retest would be all we need but i could see it playing out like that aswell