Bitcoin
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Bitcoin is forming a triangle (Target 7250 at least)

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As you can see on the chart, Bitcoin has been forming a triangle since it went full bull over 7k. The triangle indicates a continuation of the previous move. I am expecting to reach the fib 0.5 at around 7250 USD which aligns with the support of the high made a week ago.

To be safe, place a tight stop loss in case it breaks to the downside.
Nota
Target was hit, partly profits taken. Upside still has a lot of potential, but might see a small retracement short-term.

Penafian

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