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Bitcoin - market update / sell at 6100 $

Market is searching after break out this week for first important resistance. On weekly chart I see first resistance at 6100 $. There is clear big resistance because before resistance this area was support for more than 6 months. Another reason is that 50 and 100 day moving average are in this area which are next important resistance. Expect a first bigger price retracement down to 4000$ if RSI is heavy over selled or near heavy over selled.

Good luck to all and have a nice weekend

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