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RE: Market Update: Bitcoin breaks trend-line resistance and finds a bid on the re-test

in #bitcoin7 years ago

The technical view is pretty good for BTC, it's bounced sharply off the low with volume at a key level and is resuming upward trend with the China FUD dissipating. Only a fresh change in the fundamentals (ie, more bad news) is going to turn it down from here.

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Yep and hopefully whatever FUD China has to say is pretty much priced in ... a bullish surprise on that front would be awesome!

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