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Bitcoin Recovery in progress

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BTC short term view, after see out 4400$ level yesterday BTC has been in what I term temporary correction mode with price ranging between (50-61.8)% fibonacci retracement level.

Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.

RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.

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액티브 트레이드
Yes up we go, as expected. the buying pressure remain so strong.

스냅샷
액티브 트레이드
We had nice pump which is good for BTC Bull, and this time the retrace may drop the price down to 41xx zone.

스냅샷
액티브 트레이드
Price moving in rising channel with top trendline providing maximum resistance to reject price down and presently aiming to test the bottom trendline.

스냅샷
액티브 트레이드
Price moving as expected.

스냅샷
액티브 트레이드
Trade is going as expected,

스냅샷

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