KQMarkets

Bitcoin - Long Continued Upward Momentum

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BITFINEX:BTCUSD   Bitcoin
We still hold a long view on Bitcoin and are encouraged the cryptocurrency after it's sharp reversal didn't consolidate below support at $17300. Additionally, we are encouraged that Bitcoin's performance has, not only decoupled for that of the S&P 500, but also that of Gold which unlike Bitcoin has continued it's sell off from last week.

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