Bitcoin Resistance 6.6k
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Bitcoin chart analysis
Bitcoin Resistance 6.6k This is an important line of resistance with a lot of history. If bulls manage to breakthrough this might be the start of a rally towards 7k range.
For confirmation of long-term bullish reversal, I want to see $10k break for higher highs on the trend
We are going to retest 7430$ if break that we are bullish and next target would be 7780$ and the lines slowly moving toward the 0 line and a defense of the higher low formation bulls wants to hold 6,600.June is less than 12 months from the halving & new bull starts! fundamentals way stronger than Jan 2018 for bitcoin, I see a monthly chart that has completely reset stoch and RSI... Its really a bull flag.
And remember $BTC will not give up 100 EMA on the weekly which is 5900, for the first time since Oct 2015.
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Disclaimer: invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses.
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Wonderful analysis of bitcoin price. Thanls for the crypto news.
You are welcome brother!
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