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RE: Where Will Bitcoin Go Next? The Chart Master Weighs In

in #bitcoin7 years ago

In order to get confirmation of the reversal in trend we need to see consistent volume while breakthrough some key levels above. One technical is the 200 DMA and the psychological levels of $10k and $12k. If we are able to achieve these with good volumes, even shorts will be forced to buy leading to a new uptrend for the foreseeable future.