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Bitcoin testing major resistance!

BITSTAMP:BTCUSD   Bitcoin / Dolar
BTCUSD             is seeing major resistance at 17347 (Multiple swing high resistance, Short term Fibonacci extension , Long term Fibonacci extension ) and a strong reaction could occur at this level with the next major support being at 15975 ( Fibonacci retracement , horizontal overlap support, price action rejection.
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This analysis is provided as general market commentary and does not constitute investment advice.
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