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since Aug 14, 2017
bitcoin
btc
btcusd
fibonacci
flagpattern
fundamental
oscillator
supportandresistance
top
trendanalysis
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1. Bitcoin has reached previous high, which has used to be the bottom. Lower bullish trendline violated but daily closed above it. Lower bearish trendline not reached. Daily Bollinger and RSI showing oversold. 4H RSI showing bullish divergence. 2. Next stop upper trendline to confirm bullish flag. 3. Small consolidation to between fib 61% - 23%. 4. Longer term...
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We are seeing similar rise than back in 2013. Fibonacci extension 3.618 called the top back then. This time extension 3.618 is at 20779.2$.
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