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Bitcoin / US Dollar : trading near its swing high

BITSTAMP:BTCUSD   Bitcoin
Bitcoin's previous swing high was at 13880. For fresh buying it is only recommended when it breaches this level and retests.
Momentum is very strong but if BO comes it might not sustain much as it requires some consolidation to breach such resistance.

Note : This idea is for only educational purpose. Dont make any position based on this analysis.

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