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BTCUSD Technical Forecast

Short
BITSTAMP:BTCUSD   Bitcoin
All Indications point towards the strength of the US Dollar for the earliest half of this month. The NFP given a huge boost to the pair and suggestions from DXI suggests that bulls are in for the US Dollar so technically, BTC could receive some possible retracements from this level although not distorting the uptrend but we'd love to pick up some cash in this direction for now. With Divergence on our RSI from recent months, let's see if the reversal favours us.

M.N

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