Deeper pullback to come

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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I provided a few charts last week which showed the pattern topping and a divergence appearing. This has manifested in a sharp move down yesterday (although in Bitcoin terms not the usual massive sell-off). I still think this has a bias lower, although $4000 is a strong psychological level now. A decent pull back and strong next leg up would take us back to something around $3500-$3600.

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