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Risk-ban-Al

Bitcoin is about to make a decision !

Bitcoin (BITSTAMP:BTCUSD)  
Risk-ban-Al  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis
7
0
trendanalysis
Bitcoin is in a descending channel and is about to touch the Weekly MA 50 and the 0.618 fibonacci retracement. I would expect a rebound from there, however if Bitcoin does not hold those levels I expect further decline.
Anyway we are still not interested in buying.
Trade safe
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