6 weeks of strong support

BTCE:BTCUSD   Bitcoin / U.S. Dollar
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Weekly chart gives us a better look on the long term price prediction. It's been 6 weeks since BTC             has support. All bad news probably has been discounted. The horizontal trend can maintain for next few weeks and after that up trend.
Even something as simple as this is a really good indicator of where we should be going later this month. I'm optimistic that the long term downtrend will be slayed this month
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