PolarHusk

BTC/USD (Failed Breakout?)

BITSTAMP:BTCUSD   Bitcoin
BTC/USD

-Bitcoin is back inside the sideways channel
-Failed to break key resistance at 7725s
-Must hold immediate support at 7550s
-If the current price level will hold
-BTC may retest the High at 7700s
-Bearish side, if 7500s fail
-Our next support is at 7380s
-Market sentiment is Bullish to slight Bearish

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