PolarHusk

BTC/USD (Last chance for the Bulls?)

Long
BITSTAMP:BTCUSD   Bitcoin
BTC/USD

Bitcoin just hit the 7k level but failed to maintain the above crucial areas.
The price is slowly going down but the Bulls still have the chance to make another attempt
if key support 6500 dollars will hold as the 50MA coincide with the same area.
This could be the last chance for the bulls to reclaim the 7k regions
otherwise, the upside momentum will disappear in the shadow.

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