On a corrective wave down after the resistance breakout, price returned to test 4700 satoshi support, where the downtrend was rejected, this time acting as a support. The trend seems to be changing from sideways to and price could jump towards 14k satoshi resistance. At this price two Fibonacci are inline, the 172.2%, and 361.8% applied to the last corrective wave down. Break above the upside target should result in further growth. At this time only a break and close below the 35k satoshi support could invalidate outlook.
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