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Technically speaking: BTC Short term


In the past few weeks, BTC showed a strong upward momentum. There is a strong possibility to breakout above the Ichimoku cloud and move towards 30K. If momentum continues, 30 - 35K is a short term target.




There is nothing to hold the price between now and 30K. It is too early to call it a reversal. Weekly trend is still down and I expect the price to move back to the 20K level after a nice rally.


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