Bitcoin_Altcoin

Bull and bear scenario for Bitcon

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
Major Consolidation has been taking place in the form of this triangle. Soon BTC will break out. Right now I am leaning about 50/50 each way. Given Bitcoins volatility when it does break out of consolidation the move could be huge.
This is the most reasonable position we can take. A major break is coming, but is still unclear to what direction it will go.
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Nice chart man, I speculate moon.
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