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CryptoRand
Feb 1, 2019 10:39 AM

BTC Idea: do or die. Long

(BTCUSD*53+BTCUSDT*41+BTCUSD*17+BTCUSD*15+BTCUSD*4)/130Bitfinex

Description

The next two weeks will be key to see if Bitcoins goes for a retest of the channel resistance or visit new lower lows endangering the $3,000 support.

Falling wedge squeeze continues getting closer to decision point while matching with a potential double bottom based on the local lows of mid December.

Volume reaching historic lows and sunk in the downtrend. A breakout in the next two weeks is absolutely needed.

PS: BTC price index made averaging the volume influence on the market from the leading exchanges: BitMEX, Bitfinex, Binance, Coinbase, Kraken...etc).
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