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BTC:USD 1 hour chart DAILY UPDATE

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BITSTAMP:BTCUSD   Bitcoin
Yesterday I was holding onto my long position with a price target of $11,750. On Saturday I mentioned that I was inclined to think that we would range over the weekend and most likely hit my price target on Monday. Everything is still right on track and I expect us to pump to $11,750 somewhere in the next 4-6 hours. If you are not in a position then the long entry is under $11,500. Stop loss would be $11,399 and the same profit target.

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