cheretic

Bitcoin and the unbroken trendline, pt 2

Short
cheretic Updated   
BITFINEX:BTCUSD   Bitcoin
A new lower low and the downtrend continues..

Bulls needed to remain above $6500 to keep valid the thought of an impulse wave to the upside. They failed.

My downside targets are somewhat arbitrary but I expect we will make our way down to the yellow trendline and complete the 535 correction I've been on about since march :)
Comment:
btc broke thru the line but i still expect to see a wave 5
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