stewdamus

Channel holds - Now to conquer $2600

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BITSTAMP:BTCUSD   Bitcoin
Our channel holds support again. As predicted, we have the start of our uptrend. However, excitement should be tempered as we have (2) two big overhead resistance points to hurdle prior to continuation: $2600 is our first stop, and then onto $2760 (see previous posts for more on these). Because, if we don't conquer these, re-analysis will be needed. We are not out of the woods yet.

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