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BTC Update: Drop to $8,000 expected

definemurder

Published: 17 May 2018 › Updated: 17 May 2018BTC Update: Drop to $8,000 expected

BTC Update: Drop to $8,000 expected

BTC continues to find resistance at it's previous channel support level. Repeated attempts at breaking out above this level have been denied. Rising wedge pattern forming. Lack of volume with a bearish pattern has me anticipating a price drop. Targeting $8k with re-entry targets as low as $7850.

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