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Bitcoin Bullish Fractal July 2017

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The current price actions of Bitcoin look similar to the bullish fractal in July 2017, suggesting that Bitcoin may reclaim the 50 EMA, hold above it for a few weeks, and continue to rise. Let's see if Bitcoin can close above the 50 EMA next week.
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Bitcoin could not close above 50 EMA for a week. Thus, this idea is invalid. Closing.
Fractal

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