Bitcoin Technical Analysis: ‘Long the Corn’

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Bitcoin (BTC) seems to find its bottom for now at $7221, which is a weekly 61.8% Fib level. Bulls successfully defended its position, and now it is aiming for $8499 resistance, which is a weekly 50% Fib level. Good opportunity to ‘Long the Corn’*.   *Corn: Bitcoin is also known as Corn in the Slang …

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