Benjamix

The Bearish Wooly Mammoth Seen at top of BTC USD

Short
BITSTAMP:BTCUSD   Bitcoin
HLBRXUSBS Wooly Mammoth`s are not uncommon peaks in pair performance.

BTC will have to overcome the probabilistic odds against her here because we rarely see HLBRXUSBS retest their highs long after several wavelengths have passed.

This is science and probability, anything can happen but expectations suggest a consolidated climb to within 90% of this ranges peak (9500 to 10k) before collapsing to a long arduous cupping.. the old bull has been stung, now we find out if he's resilient to the venom or will fall victim like many before him only to recoup to fight another day.

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