BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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I believe BTCUSD             may be close to ending its year long downtrend.... the key level is $285.... If we get a daily close above this level then I believe the bearish bias is over and the market will be entering a ranging scenario with a bullish impulse due to pent up bullish demand.

Keep in mind the bearish trend line is still in place as long as 285 holds.
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