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RE: Bitcoin at 20K on 1 March?

in #bitcoin7 years ago (edited)

There is a very strong support/resistance line around 12K and this move upwards we're in now is exactly as steep as the last part of the last bull run. My guess is it will bump up to 15K or 17K and then use the longterm descending resistance line as support to glide downwards. These steep movements are not sustainable for many days imo.