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dasBoot

Upside potential unlocked as bears hibernate - Alt frenzy?

Long
Bitcoin (BITSTAMP:BTCUSD)  
dasBoot  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns fibonaccianalysis supportandresistancezones Weekly Charts
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trendanalysis chartpattern fibonaccianalysis supportandresistancezones weekly
Bitcoin has passed through the fib values of 0.618 and 0.615, known as the "golden ratio". A compelling zone to indicate that there will be a test for support on the longer time frame. Once we can establish support, which given FOMO, may even shoot through the 0.75 before finding a footing on the weekly. Bitcoin, once support on the longer time frame is poised to enter a Bull market opening up alt coins to shine in the next foreseeable future
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