BTC breaking out of long term channel
Bitcoin is retesting the top of a channel that has been in place for several years. The channel is apparent on the log chart, and was broken out of during the bubble of '13. Short term I expect more potential retracing, long term (next couple of months)I predict a similar bubble to '13 forms in the fall of '17 (due to recent attention and hype in the US). After this bubble in '17 I expect a crash back into this channel...This channel is STRONG support
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