BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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My analysis shows thst we are going to face a really serious correction (+80% drop). Also, the Dow Jones is right now in a resistance zone formed by the tops of the bull markets of 1929 and 2000. Do not expect that we cross that resistance like nothing bad is happening (upcoming inflation , increase of debt, stocks shares really overvalued, etc.). This looks really serious to me as I think a big financial crisis is starting right now. We did not even touched that centenary resistance in 2008. So, I am in a short position right now. The very lates target of my shorts will be the level 7000-12000 to complete the big correction. If this happens, I will be paying atention to the 400 weekly moving average. Check the weekly chart showing the 200 MA and how it had to be broke aa year ago in order to correct the area of the 4000 due to the previous pump there was on the rally before.

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