Bitcoin

Divergence in RSI, a bearish sign or a bullish break-out?!

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Right now BTC/USD seems to be bouncing back up after a 40+ percent consolidation. The recent good news by US government officials signifies that the transition from "centralized" fiat into the "decentralized" digital block-chain is being looked upon favorably. The W pattern is becoming easier to notice and therefore attempts to react to the market will fare better.

Could this be the short term bullish break-out to 13,500 and beyond . . .

Penafian

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