After a relatively quiet few days, BTC/USD charts indicate that bitcoin is positioned for a massive move. Although the direction is not 100% clear, there is a definitely a bias to the up-side. The upper red line on the chart indicates resistance at a constat level, while the lower lower shows support at increasingly higher lows. This pattern is typical of increasing upward pressure, and a breakout seems imminent as the lines are about to cross. It would not be surprising to see a move comparable to the size of the triangle, or approximately 30 points from our current position. Update: 24 Hours …
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