BTCUSD - Top of ascending channel. Due for short term pullback

Short

Bitcoin (BITSTAMP:BTCUSD)

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BITSTAMP:BTCUSD Bitcoin

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Bitcoin seems to be meeting resistance at the top of a well established ascending channel. The top of this channel has repeatedly acted as resistance going back to June of this year. BTC's RSI is also in decline.

Commentaire:

News about CME adding BTC futures dropped the day after I posted this. Price broke through resistance at the top of the channel. Bullish

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