Weekly outlook on Bitcoin, will we rise like the COBRA!????
Well we are STILL in a down trend on the weekly time frame BUT we are at a very significant level right now. If bitcoin can get above the previous swing high at 10,500 that will put us into uptrend territory. After passing 11,500 on a closing weekly basis it will be highly likely that we revisit all time highs and that is where things will get exciting. As for the Bears, if they want to take control this is the level it will happen at.
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