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Buy me a cup of coffee (or steak dinner):
Here is a quick update on Bitcoin. As we know, price was firmly held within the vicinity of our downside target range and not the 5800 range that other traders had expected.
A bounce is in play right now. A break above 6460 would likely send price to our upside target range before a consolidation takes place. On the contrary, a rejection from 6460 would take price down to the downside range for a retest.