erwinbruining

Decisive moment for BTC

BITSTAMP:BTCUSD   Bitcoin
After this small run from BTC up to 3950 we hit a major resistance level. Also, we are very high on the RSI which might indicate BTC will go on its way down again. However, if BTC manages to close above the yellow resistance line on the weekly chart, we will most likely retest this yellow line to see if it holds as support. If so, this might be the end of the BTC bear market and a great opportunity to invest.
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