quantguy

Bitcoin Pushes Higher

Largo
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has regained the highs of the range, testing $46K. We see two red triangles at this level which are suggesting that we are starting to see resistance, but currently we are seeing a bit of momentum come through. We should have support at $43.1K, which is broadly the mid point of the range. If we retrace the entire range, we will find further support at $40K. Targets above include $47.4K and $48.2K

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