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Bitcoin: Descending Channel

BTC/USD, 1 hour    LONG Mar 28
A descending channel appears, BTC/USD expects a further strong impulse up as a sign of a breakout. A descending channel is said to depict a useful price action pattern with a downward bias that spots a bullish move when price breaks above resistance. There is a probability of a bullish continuation to 70000 amid rising bets for the move.
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