Techinical Analysis Update Bitcoin - BTCUSD - 7/28/17
Bitcoin
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Support 1 held very well for bitcoin and we have good clearance of the resistance 1 break out line. The hourly technical indicators suggests we still have some ways up too go.
Buying here would be risky although I am still short term bullish towards the run up of the split happening August 1st.
Resistance 2 is the next to break although with the timing of everything I don't think its likely.
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