BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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What a good time to short Bitcoin down to 776.19. Momentum has now shifted to bearish side forming bearish engulfing pattern.

But I am still bullish on the long term. Bitcoin is like electronic cars, soon people will choose e-cars over traditional cars (powered by gasoline). Bitcoin will likely be use be many and will start to incorporate with our daily life.