Bitcoin

BITCOIN-DAILY--The price brokeout the resistance at 52,956!

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As shown on the daily chart the price broke out the resistance at 52,956 but the breakout has not been confirmed yet! If the breakout is confirmed, we expect the price will continue to go up to the next resistance around 59,500. If breakout  confirmation fails on the other hand, we expect the price will bounce back  down to the retracement zone around 48,000. The good places to buy more are around 48,000 and 41,000.
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GOOD LUCK

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