CIpher2k
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BTC breaks out of one of the downtrends

BITFINEX:BTCUSD   Bitcoin / Dollar
251 0 1
BTC             just broke out of one of the major downtrend channels. Let us see if this break out will be sustainable.

Here is the daily chart for an overview:
snapshot

Kommentar: BTC is testing the resistance (now support) from the major downtrend.

snapshot
Kommentar: Another update:
snapshot