BTC LONG 8000

Weekly chart looks due for a pull back higher in this downtrend. Take some consolidation before pushing down to 4000's.

Target 8K, downtrend res, 16W EMA, 50W MA

Rebound on the 0.23 fib level a third time, just like in 2014 for a final push to the major downtrend line.

Daily macd curve up, RSI overbought.

Will mimic 2014.

I see 8k on 15/07 and then lower to 4.5k before the end of august.
Chart PatternsTechnical IndicatorsTrend Analysis

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