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RE: Bitcoin price discovery nears: 100K an inevitability

in LeoFinance3 years ago (edited)

I really liked the following chart you shared in your daily Bitcoin TA blog.

Bitcoin Technical Analysis

Another angle is to compare what happened to the Bitcoin price when it broke out of 20K.

It never went back below!

Can see the same thing happening as the 60K resistance flips to support that's likely never to be broken again.

Bitcoin is just too scarce and demand too strong.

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