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BTC/USD: Can Bulls Move to $9,700 or Expecting a Slight Decrease

Panjang
BITSTAMP:BTCUSD   Bitcoin
On the weekly chart, Bitcoin (BTC) is slightly turning to the bullish zone, however, the trading volume is still low to fix above $10,000. From the other hand, there is a bullish divergence on the RSI indicator and it has not reached the overbought zone yet. In this case, traders may expect a false breakout of the $10,000 mark followed by a decline.


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