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BTC looks like it will break out of the 30 minute seller level

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BITSTAMP:BTCUSD   Bitcoin
Based on the last 20 hours of BTC price action, it appears that BTC is close to exhausting the sellers located in the red box which is a 50%-61.8% retracement zone. Price has spent more time in that zone than it has in the blue 50-61.8% zone of buyers. The 200 EMA is trending up and momentum (50 EMA) has been relatively neutral.

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