BTCUSD- Movement in the making

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here's an idea I have for the movement of Bitcoin . I feel like we're going to bounce up to around 7400 in the coming weeks, followed by a dive to 4400 or so during August. This intersects with the lifespan trendline of BTC , so we might finally get our bullish reversal we're looking for then.
This is playing out quite well!


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