Nathanael
Short

Descending triangle still in play.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Without any good news to bring us back up, we are going to continue going down.

Descending triangle is a clear bearish sign, as bulls fail to make higher highs. The "strong support" around the 800 (stamp) that the bulls talk so much about can only hold for so long...

Here is a potential target:

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