Bitcoin Daily – All Time High – August 30, 2017

Bitcoin managed to break above $4470 resistance level and produced a new all time high at $4660! The nearest resistance is seen between $4700-4800 which is yet to be tested.

At the same time, BTC could have a small corrective move down before this target is reached, but the overall trend remains heavily bullish.

Break above $4800 will open doors for more bullish momentum and then BTC should continue rising towards $5500. At this point, bulls are running this markets and no strong correction down is expected.

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