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BTC/USD Technical Analysis May 23, 2017

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Bitcoin rallied during the session on Monday, breaking out to a fresh, new high. We managed to break above the $2100 level, and then continues to press higher. It looks as if every time we pull back the buyers are willing to step in and the $2000 level should now be psychologically supported. Even if we fall from there, the $1900 level underneath that should be supportive as well.
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