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BTC weekly review 17/12/2019

BITFINEX:BTCUSD   Bitcoin
BTC weekly review 17/12/2019

Hi guys,

Wow, we have one of craziest moments in a history of Bitcoin

Bitcoin never never went below EMA 200 on its weekly chart. Can you imagine that?
And we are not far from this point. This is going to create Second Leg pattern on 1W chart
What it means for us? We need to be prepared ta take off very very soon

Right now Bitcoin is doing one of its best healthiest corrections.
So we expect 1D MACD will turn green and whole market will just explode
RSI is very carefully keeping its bullish position
All traders around the world are following Directional Trading index. And it shows us that bearish momentum is running out of its potential.

Please trade with care and follow our updates

Cheers
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