Forexintelligence_NA

Bitcoin bears eyeing 20k!

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BITSTAMP:BTCUSD   比特幣
Looking at BTCUSD (Bitcoin), I think it is trying to fulfil it's double top formation. Bitcoin made a rejection from the 30k support level and rose up with at least 6% today. This might be due to profit taking. Looking at it, I predict it breaking it's 30k handle and falling to 20k level, to the 200 simple moving average.

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