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Gambiman
May 13, 2014 8:18 AM

Final breakdown before all times high BTCUSD Short

Bitcoin / U.S. dollarBitstamp

Description

Final movement before ATH. a clear wedge is forming, if it breaks the support 424ish we may see a drop to 338 which is the next major support. After that it is likely buyers will step in and volume will follow. The price should go up for an ATH and the reversal (finally) of this downtrend. Short for now but overall bullish.
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