FxDollarZz

Moment Of Truth For Bitcoin - Price Approaching Heavy Resistance

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BITFINEX:BTCUSD   Bitcoin
BTC price has been able to retrace its way back up to the top of it's down-trend channel, but now it faces heavy resistance at this level. This is where we find out if bitcoin has truly kicked it's bear trend or if the recent rally was just a pit-stop for the bears, lets see what happens. I don't expect us to break through and if we can't then we can expect to target sub 5k.
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