Mihai_Iacob

Bitcoin- Closed my short, relief rally could come

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BITSTAMP:BTCUSD   Bitcoin
Although in the medium term I think Bitcoin will drop under 40k, at this moment a relief rally has become very probable
BtcUsd already reversed twice from 41300 zone and has risen quickly the old support now resistance at 42500
At this moment there is an increased probability of a break up and Bitcoin can rise and test 46k
I'm out of my short trade at this moment and if things become more clear I'm looking to buy into this rally

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