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BTCUSD bounced off support, potential for further rise!

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BITFINEX:BTCUSD   Bitcoin
BTCUSD bounced off our first support at 3870 (horizontal swing low support, 38.2% Fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 4302 (horizontal swing high resistance, 61.8% fibonacci extension).

RSI (89) bounced off support where we might see a further rise in price.

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