meszaros

BTCUSD before a 47% fall...

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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We expect further downward movement in the exchange rate. The second wave of a decreasing dual wave structure can be seen. The fall of the second wave will accelerate. Within the day, we have 10% momentum candles. The target price of the second downward wave target is 1693 levels. A further 47% fall from the current level. This analysis is fully in line with the previous analysis.