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In hindsight, it’s no surprise that BTCUSD was taken over by the bears for sometime now. We can clearly see that there was a breakout from an ascending channel after it peaked at 10,400 at about the 13th of February. There is however hope for the bulls. We may see a reversal at the 8,200 zone as there is currently some divergence on the RSI on the 4H timeframe,...
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