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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
It has taken 7 months to challenge the reversal zone...If price can conquer the red dotted line, then it will be very bullish, BUT if price gets rejected by the red dotted line and drops back into the channel, that would be very bearish for price, it's that simple!

Good Luck!
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