Bitcoin - Mega China Triangle

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
353 1 7
Basically I think we'll see a repeat of the yellow box, but it will happen at a more accelerated rate. I think we'll see a MASSIVE rebound after we test the bottom trend-line once more. That is the ultimate point of emotional panic for anyone who panic-bought around $460. Those are the people we're trying to shake out here if they haven't been already.
Great analysis! The best one on bitcoin I've so far seen.
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