MMBTtrader

BTCUSD price is bullish only after breaking 62K resistance zone

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BITSTAMP:BTCUSD   Bitcoin
As we mentioned before first sell pressure is near 60K support that turns to resistance now(after breakout).

and main resistance zone now is near our descending trendline(Red trendline) that only after breaking this resistance zone we can expect a bullish market and rise.

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