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Bitcoin 8.5.18

Here’s where we are on BTC futures at CME. Gap down to open last night and finding support on the 61.8% retrace. I’d fully expect the gap to fill which means a move up to about 7300. That’s where bears likely step in and exert themselves since bulls are nowhere to be found. Stoch RSI heading down in a big way. RSI accelerated uptrend broken. Price below 8 and 21 day MAs. This session’s low is the real line in the sand for bulls imo.

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