ChiefMacro

BITCOIN Meeting Resistance At Key Area $39,000 - WHICH WAY???

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin meeting what appears to be major technical resistance at $39K.

Make no mistake, this could break out to the upside in a squeeze type of fashion. If you trade it long in this set up - a case for which there is technical evidence - I would suggest conservative profit taking.

My overall view remains short for now, but it is at a KEY AREA!

God Bless

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