The Bitcoin and Ethereum Rally Is Far From Done..

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The Bitcoin and Ethereum Rally Is Far From Done..

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Looking at Bitcoin today - we're not expecting much resistance until $40k, but probably more likely, $43.5k. Crazy to be discussing numbers that high, but here's why. We’ve just claimed the 1.2 level on the weekly chart. That was a place of small resistance that has now hopefully flipped support and stays support. $43.5 would be the 1.4 level on the Fibonacci retracement tool, and almost definitely a place of resistance.

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