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Bitcoin Pulling Back At Major Resistance

Bitcoin Pulling Back At Major Resistance

In our last update, we mentioned that Bitcoin (our market proxy) was fast approaching major resistance and to expect some type of pullback or weakness. Since then we have seen the initial phase of that weakness play out.

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Analyzing The Uptrend In The Crypto Market

Analyzing The Uptrend In The Crypto Market

For our first crypto update, I analyze the current uptrend in Bitcoin to help us determine its technical strength and/or weakness. I evaluate the current move off the $30,000 level on both the daily and weekly charts.

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