schisms

LONG: Consolidating on support

Long
BITSTAMP:BTCUSD   Bitcoin
We are in a consolidation pattern on the support line. This indicates strength in Bitcoin and has me bullish long-term as I expect the trend line to continue to be support. Short-term relies completely on global markets. If the S&P crashes we could see Bitcoin break the trend downward. Otherwise, I expect a break upward.

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