Will Bitcoin go higher?
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Bitcoin is testing the strong long-term upside resistance 63000 after almost 61.8% Fibbo retracement from the top. A clear confirmed break above the 63000 would definitely call for more upside 67000 and more but will it happen in a couple of days.
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The weekly chart shows that the instrument is still testing the median line of the Andrews Pitchfork upside channel and we still could see a pullback lower to 52700 before an upside extension.
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On a daily chart, we can see that the Already a member? This article is so good, it’s for premium members only.
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We have used the combination of the top-down trading analysis to get these key levels explained in the charts. Also, you have the chance to see Elliott Wave and price action analysis together in action along with the Andrews Pitchfork channel tool. If you want to learn the trading strategy that will give you immediate results in your trading register for Live Training Mentoring.
