Check out this fib extension layout. Bitcoin stays nicely in between all the levels finding resistance and support all the way up. Staying in the trend channel now would mean $5200 between 22-8 and 27-8!!
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$BTC broke down out of the ascending trend channel. chilling just above the 1 fib extension.. some consolidation would be nice and is needed, and would give alts a chance to catch up!
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Lets hope the daily can close above $3930!
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