Confusing Bitcoin movements
Once again Bitcoin has meandered out of a clear pattern without any significant rise in volume. It has found resistance at the top of an ascending channel which I didnt see until I cloned the line of support and moved it above. If it continues to climb within the channel Im expecting heavy resistance as it reaches the downward sloping long-term resistance line. Alternatively it may reverse tomorrow and plunge below the previous bear flag pattern to mark the next leg down. I'm 50/50 at this point.
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