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Stugazi
Jan 23, 2017 6:34 AM

A Bitcoin Bull's chart for Bitcoin Bears Long

Bitcoin / U.S. dollarBitstamp

Description

This is a Bearish scenario I could see happening. One of my less probable scenarios but still possible.

If we break the current channels and other patterns in play this becomes more likely. It will be "despair" after the ATH. A true and proper shakeout.

This would make 2017 tough for bulls.
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