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Blackreplica
Apr 6, 2018 6:40 AM

BTC/USD Short term bottom 5500-6100 Short

Bitcoin / U.S. dollarBitstamp

Description

Head and shoulder / symmetrical triangle pattern has broken down, and depending on which of them you use as a reference, the next short term bottom lies between 5500-6100. At the upper end, we could see a medium term bounce. At the lower end, I expect more downwards price action after some consolidation.
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