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BTC/USD: Looks to Higher Levels
Bitcoin rallied slightly during the trading session here on Thursday as we continue to see a lot of upward momentum. Ultimately, I think the $74,000 level above is a major ceiling that we need to pay close attention to. If we can break above there, then we can continue to go much higher. That would probably kick off our next leg to the upside. One thing that I would bring to your attention is that every pullback seems to be finding buyers at higher levels. This means lower highs as we move along in what is starting to become a bit of an ascending triangle underneath. We have a massive amount of support near the ... (full story)