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RE: Bitcoin (BTC) Morning Update: The White W Bottom is in Progress
There is strong resistance at $8500. If price fails to rise above it, I wouldn't be surprised if it dips temporarily below the blue line.
A breakout above $8500 would send it close to $9500.
I prefer a continuation of the breakout after another dip below 8000.
You just may be getting your wish.
Yeah, so far so good. Now, I expect it to drop below $7000 by tomorrow.