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hydrix95
Jan 5, 2020 9:16 AM

The Final Pmup 

Bitcoin / U.S. dollarBitstamp

Description

2013 fractal with halvening dump. A few fractal scenarios show us revisiting the critical 200W MA. I think this is likely after the launch of f utures in 2018. The 2018 fractal from this point shows us bouncing off 20K a few times before finally breaking it, sending us to the 200W MA again. Trapped miners may want to exit after two years of barely making profit. A strong bearish narrative on BTC may persist for years to come if miners remain underwater. Death at that point could be sudden, or it could drag on for years.
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