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Heartskull

BTC is SPX 3X, bottom of BTC is 16.7k! WMA300 BTC = WMA 200 SPX

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Bitcoin (BITSTAMP:BTCUSD)  
Heartskull  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns bottom BTC SPX (S&P 500 Index) Stocks S&P 500 (SPX500) Contains image
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trendanalysis harmonicpatterns chartpattern bottom btc spx stocks spx500 containsimage
SPX went down by 24% from top
BTC by 72% from top,
I estimate SPX go down by another 4%, this touches WMA 200, where since 2009 it found support.
This will translate to another 12% drop for Bitcoin, bringing the possible bottom at around 16.7k, which ironically also translates to 200 WMA for SPX and WMA 300 for BTC, which is also around 16.7k!
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