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Adelantado
Feb 15, 2020 3:01 PM

Repetition of a history in DCR/BTC? 

Decred / BitcoinBittrex

Description

If history repeats itself, then growth will begin at the end of this year. The growth target of 0.04 BTC is quite real. After halving, bitcoin will magnetize most of the investment, as it was in 2016. Notice how accelerated the decline of DCR in the last months of 2016. Perhaps this will happen again.

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I accumulate decred in small quantities.

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Still in a downward triangle.

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Still in a downward triangle =)

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perhaps the price will break the triangle down ...

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Still in a downward triangle

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Came out of the triangle up.

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Comments
mobster2
If the way up plays out, then holy crap.
Adelantado
@mobster2, I see a fall in price as an opportunity to increase my position.
DPOKE
Great analysis. DCR still in the triangle. I'm a long term hodler and still accumulating. When it finally breaks out, I think it will be explosive. Will be interesting to see what happens,
Adelantado
@Dpoke1, Yes, but the price may fall to the lower dashed line. Be prepared for this too.
DPOKE
Spot on. I’m still accumulating on the way down. Hopefully 96K holds or we will see the massive breakdown in your chart. Great work again. 👍🏽
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