BTCUSD: does history repeat itself?
just a general analysis of BTCUSD, typically when it breaks the general up trend, BTCUSD retraces about 61%, but there seems to be a little hesitation and i believe the precursor to the initial decline was more fundamental than technical. Not sure if BTCUSD has seen this type of resistance before, but i think it's worth noting that there seems to be a general consensus within the market.
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