Bitcoin has topped and will lose at least 70% of its value from here. Since the hard fork has been cancelled, all the altcoins will gain value absolutely and relative to bitcoin.
Comment
The down move does not appear as impulsive as I would like to see. There might be more up after this daily divergence is corrected. Based on the price action so far, I am reconsidering my position that this is the beginning of the big down move.
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