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After 30 days in the rising channel, it's time to take profit

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Trend seems crystal clear. In the unlikely event we drop past 7k and 8k supports, I don't think 6k will hold. It's been tested twice and this will invalidate it. 5K to mid-8K is the range I'm looking at, 2 month timeframe.
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We just blew past the support level and are dropping rapidly now.
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So far, still trending as expected.

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First leg close to completing.

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bitcoinforecastTrend Analysis

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