Bitcoin

Weekly close day is here, now what?

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Watching tonight's weekly close carefully, and barring any major moves up today, I'd imagine we keep ranging sideways for the time being. Holding the monthly open last night was a positive sign, but failure to breakout above this weekly demand at $8730 on any closes makes me think we'll probably see some lower retests around 8k. If $8800 gets hit again, likely triggering a lot of buy stops, things could really fly from there.

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