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Where are we now and what can we expect? Bitcoin is still in an ascending channel. What I see here is that we can expect a pullback to 7200 before BTC will climb higher.
And after the pullback? I think we are going back to the 8000 area where the big fall of March 12 started.
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If I have to be honest with you, I don't think we're going to get much higher than that. If you look at these channels they are very similar, so I'm afraid we'll fall back a little bit before we see a real bull run.
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