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Short

BTCUSD going down in the near future?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
257 0 4
Based on my Elliot wave analysis there is a possibility BTC             is very soon going to enter the C wave of the large correction.

Off course BTC             can hit to around 1400 USD first before entering the C wave. But I don't think you should expect BTCUSD             to go up far above 1500 USD in the near future.

This chart is in logarithmic scale.
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