Lou777

BTC FINAL LEG DOWN

Short
BITSTAMP:BTCUSD   Bitcoin
Note that the first "failed wave rejected at 1.13 (Also 0.382 Major fib), thereafter dropping breaking the 1.886 piv.
Next we tried to push upwards again rejecting 1.13 fib (0.618 Local)

What could follow is another push to the downside. I am looking at the 1.272 - 1.618 local fib projections as possible entry points.

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