Bitcoin Breakout Opportunity

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I am watching 7400 as a potential breakout area. I believe if used correctly certain Fibonacci tools work in different situations, sometimes they are relevant, sometimes they arent. In this case, I am using the Fibonacci speed resistance fan. So far the price has followed this tool well. A rejection at 7400 would be bearish and move above would signal much more upside.

Neither bullish or bearish yet. Wanting to be reactive, not predictive
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Nice, went up sooner than I expected but blew past 7400
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Yeeyee
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Nice
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Thats a W if ive ever seen one
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsfibfibonnacciTechnical IndicatorsTrend Analysis

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