BITCOIN aiming straight at 80000 if this Resistance breaks.
Since the March Top, Bitcoin hasn't broken any previous Lower High Resistance.
Resistance A has rejected any breakout attempt each and every time.
Bitcoin is at the moment testing the latest Resistance A level and if broken, we will have the first long term bullish break out signal in months.
The August-September price action looks like the January-February fractal that broke upwards aggressively to form the March top.
If Resistance A breaks, we expect a similar rally to reach at least 80000 (2.0 Fibonacci extension).
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Resistance A has rejected any breakout attempt each and every time.
Bitcoin is at the moment testing the latest Resistance A level and if broken, we will have the first long term bullish break out signal in months.
The August-September price action looks like the January-February fractal that broke upwards aggressively to form the March top.
If Resistance A breaks, we expect a similar rally to reach at least 80000 (2.0 Fibonacci extension).
Follow us, like the idea and leave a comment below!!
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