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Bitcoin at reversal point 1200
Last week bitcoin has updated all-time high to US Dollar at 1218. Growth potential is currently limited by dynamic resistance trendline that connects Dec 2015 - June 2016 highs, confirmed with Jan 2017 reversal at 1120.
Considering bitcoin dynamics it may reverse from the current point and quickly drop down to 1100 and 920 support levels.
Considering bitcoin dynamics it may reverse from the current point and quickly drop down to 1100 and 920 support levels.
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