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Short

BTCUSD going down in the near future?

BITSTAMP:BTCUSD   Bitcoin / Dollar
251 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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