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RE: Bitcoin (BTC) Cycle Analysis
#BITCOIN: After a drop earlier, we had a sudden bounce some hours ago. However, that bounce has been stopped by the resistance line at 6250$ and we are now consolidating just under. We have several resistance lines which are waiting us and if we really want to see an UP trend taking place, we will need several break out like the one we just saw. Without that volatility, for sure the drop will come back very soon.