Bitcoin spiked to a lower low on Sunday afternoon and doing that it completed the micro a-b-c down structure of a micro wave v of -c- of -v- of ( c ) of ( iv ) down. Then bitcoin turned up strongly and has broken out through the first resistance 55,382. This move up looks like start of a new rally. The next resistance to clear is 60,100.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.