ChartArt
Short

New downtrend risk for Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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After a few happy Easter days 2015, the bears are starting to drag the price down once again. If they succeed the next lower target area could be around $220.

Bulls need a lot of power today to reverse the growing downtrend. Or the market is 100% manipulated and the entire massive price dump today was fake and intended to trick people to sell.
"dump today was fake and intended to trick people to sell" haha nice bull-bias but price drop is real
-1 Reply
I have a bullish and a bearish version of this drop...the bullish one is a 71% retrace finishing at $246...so far that's looking realistic...looking for a close tonight at or above 246
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