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BTC/USD – Significant Rally Creates Fresh Demand

Long
BITSTAMP:BTCUSD   Bitcoin
As we can see the price creates a fresh demand at the end of the past week.
This demand is also a Quasimodo level.
In addition, we can see the MACD divergence.
That cofluence of MACD divergence and fresh demand (Quasimodo) creates a great setup for buy position.
The entry-level will be the demand below and the target will be the resistance above.

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