BTC - The line in the sand has been traced

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is a critical point for BTC as we will most likely come into a phase of accumulation while the bulls and the bears duke it out within this downtrend. A penetration of the log trendline would signal the building of long positions while a penetration on the downside of the eventual continuation pattern would sound the bear bell to visit the lows.


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