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BITCOIN Consolidating Around All-Time High

Bitcoin has broken key resistance at 6063. Strong support stands very far at 2975 (22/08/2017 low). The technical structure shows a very positive short-term momentum. Support can be located at 5325 (rising trendline). In the short-term, the digital currency should continue rising.

In the long-term, the digital currency has had an exponential growth. There are decent likelihood that the asset will reach $10’000.

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