BTC/USD More Upside. Good time to buy

BTC/USD bounced from key support. Now that the price had dropped to 3000, a lot of people will be buying and therefore the price increasing even more. The market moves in waves, BTC/USD can't just keep going up, it needs to pullback some time (huge investors dumping bitcoin). What has also helped the price drop of BTC/USD is the fact that China is banning bitcoin exchanges in China.
Bitcoin (Cryptocurrency)Chart PatternssupportTrend AnalysisWave Analysis

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