Dmac2010
Long

BTC Trend Analysis Part 2

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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As BTC climbs towards the overall downward trend line it is forming a nice Cup & Handle formation ( bullish ) with a break back to previous support at 6750. Once the break down is complete to form the cup and handle it should create new market structure and push out of the long-term downtrend. Shout out to Edgar.
Nice insight ! keep the posts coming
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