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Bitcoin (BTC/USD) Weekly Daily Chart Analysis For October 5,2020

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Technical Analysis and Outlook
Bitcoin's price broke out of a powerful resistance of $11,000. As a result, the price is advancing to Mean Res $11,935 and #2 Inner Coin Rally marked at $12,013 - The trifling retest is expected, buy the ''Rinse and Repeat and ''Prevalent'' zones. Phase Two of the rally is very much to follow. To continue the rest story, see 'Weekly Market Review & Analysis For October 5, 2020, page.

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