Watch the trend line (medium term)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Trendlines are proving to be very efficient in predicting Bitcoin             price movements. When they are broken, often a bigger move follows. Right now, the price is (again) touching, and even below the steady uptrend line. If this continues throughout this day, one can expect some big sell offs and shifting to down trend in medium-term.
If it breaks 780ish yes, but not before then
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