BITCOIN Breaking $7000

Bitcoin has set up a new all-time high. Strong support stands very far at 2975 (22/08/2017 low). The technical structure shows a very positive short-term momentum. Hourly support can be located at 6027 (30/10/2017 low). In the shortterm, 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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