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Topic: [2016-03-11]Bitcoin Price Technical Analysis – Eyes on Channel Resistance! (Read 285 times)

legendary
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Bitcoin Price Technical Analysis for 03/11/2016 – Eyes on Channel Resistance!

Although upside breakouts from tight consolidation are usually indicative of prolonged rallies, bitcoin price could encounter a roadblock on its climb at the confluence of levels around $420. This lines up with the descending channel resistance, former support and area of interest, and the 61.8% Fibonacci retracement level based on the latest swing high and low...

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