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Bitcoin: Next Try?

Bitcoin continued to gain yesterday. In our alternative scenario, we expect a direct break above the resistance at $73,808. However, in our primary outlook, we anticipate a further downward move. Ideally, the orange wave iv should reach its low near the 50% retracement level, around $47,000.
Bitcoin (Cryptocurrency)BTCchartanalysisChart PatternsTrend AnalysiswaveanalysesWave Analysis

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