Bullish cypher pattern for continuation
The major resistance trendline has been broken through. Now we find resistance at the 36.4 level, which bitcoin will make quick work of after a small pullback. Increasing buy volume with continuous price oscillation upwards make for a tough shorting environment. Instead, wait for the right spots to long, take profits at 38k and open a short there if you'd like. We are looking bullish for July however so if you are already in a long from below 35k, just sit tight and wait for the upper 40s to unfold.
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