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BTC: stuck in a congestion zone

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis BTCUSD
3
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trendanalysis btcusd
BTC is stuck in a congestion zone, between 7.5~8.3k. If it gains momentum, there is two main resistance: EMA200 and 9.1~9.3k resistance zone.

If it goes down, the immediate target is 7.5k.

The overall picture is Bearish.

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