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Chris4XTrading
Jul 3, 2018 7:26 AM

Beware Bitcoin's Bull trap... 

Bitcoin / DollarBitfinex

Description

Observing how previous bubbles have popped, I don't think we're just quite done with the overall bearish trend of BTC yet.

Taking into considering the movement and Fibo lines, I believe BTC has to reach the 5000 dollar mark before fully recovering.

Going long right now and not having the patience to wait out the trap could mean losses.

Comment

Crossing the 141.40% Fibo towards the 6000 dollar region.

Comment

The fall continues - next support @ 6260

Comment

Hang tight, bois. We're almost at the bottom. Once we reach 5500, buy up all the BTC that you can. We've been waiting for this.
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