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jscorp1618
Feb 13, 2014 5:23 AM

Shakeout  

Bitcoin / U.S. DollarMt.Gox

Description

Bullish divergence and volume only picks up at the bottom which shows retail (weak hands) selling. we will probably see more sideways for a bit and then eventually the sellers will exhaust and a rally will follow. we still have some headline risk but we may see traders starting to buy the rumor of a fix of the current issues.
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