BTCUSD Healthy Retracement, Consolidating After Failed Rally

By Adam_Polinak
If we hold 7450 (about) we should be good to head further up again. Nice healthy retracement thus far imo. Could be resetting for another try at a major breakout. Let's remember we have seen a parabolic rise from 3200 so it almost tripled. See the linked ideas below for more information on major support lines, etc. Happy trading!
BTCBTCUSDChart PatternsTrend Analysis

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