BTC Breaks Crucial 101,000 Barrier

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A green candle has closed above the crucial 101,000 price level, as established by Fib levels.

This comes after a minor pullback that was rejected from the 97,000 with a bullish engulfing candle. This means that there's enough buying power for the price to be rejected at this range, and continue trend upwards.

The Stochastic RSI is also signalling a strong bullish trend.

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