DavidR.

Good case for bulls - Short term

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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All you need is 3 touches for a trend. Bears are still in denial. Wait for the breakout to the upside before getting onboard.

There are a couple people using 20x leverage to drive the price into the ground. Pretty soon they will start losing money if this goes against them.

Daily and 4 hour back on trend is confirmation for going long.
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