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harangju

BTC: Still in weekly consolidation?

Bitcoin (BITSTAMP:BTCUSD)  
harangju  
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns
0
2
chartpattern
- BTC weekly RSI still high at 75. In previous bull runs, RSI dropped to the 55~65 area after run-ups.
- BTC in a descending triangle on the daily and weekly charts.
↳ We could have another week or two of consolidation before the next run-up.
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