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Btc1

Bitcoin Futures: BTC1! Powerful Overhead Resistance from 9000 BITCOIN FUTURES BTC1! Back to the Futures Yesterday's comment referred to the 50% rally from 6000 to 9000 and just a little higher - Major Gann and Tesla numbers. Weekend comments also referred to Bitcoin Futures prices and the key reistance range stretching from 8971 up to 9224 and the problems Bitcoin will likely face on encountering this range...overnight Bitcoin reached 8999 on Bitfinex, effectively double topping at 9K before falling away once more. The 50% rally presented an excellent opportunity to gather some bull points but the downtrend here is clear to see, still unbroken as yet. Bitcoin is not out of the woods unless and until 9225 is taken and held by the bulls once more.
CME:BTC1!
by sumastardon
The BTC1! Futures look short!Quick short term update on the CME BTC1! (Futures) market. We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume. Support for Bitcoin is still at $9k to $10k on the shorter term and we can expect quite a lot of volatility should prices drop below $9k. Weis should be announcing their crypto ratings in a few hours from now, lets be patient and wait for the market to show us the way. Feel free to come chat to the market Wizards for free .
CME:BTC1!
by saintbitcoin