RahulAndra

Bitcoin breaking out of 8 month consolidation to the upside

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OKCOIN:BTCUSD   比特幣
I expect Bitcoin to retest the .786 fib around 410 (even 390 is possible) creating a false breakdown from the wedge before fully breaking out. Of course the other scenario is that we break 430 within the next week with little resistance. I expect it to first test 630-670 once it breaks out.
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