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Downward Trend of BTC following News from China

BITSTAMP:BTCUSD   Bitcoin
BTC was on a record run until news from China to halt crypto exchange trading and banning ICO's. Downtrend continues with rumours of also banning miners. 20 billion liquidated from market cap as Chinese investors cash out. Possible buying options at 2600 unless it breaks the downward trend line.

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