professional_n00b

Bitcoin will suffer in the next few months

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BITSTAMP:BTCUSD   Bitcoin
Oval target I had predicted 3 weeks ago.
If BTC is in a downwards wedge I see short term rise to "D" followed by a big drop to "E" at witch point big fish investers will step in driving the price back up to aprox 15K to complete a Wave 1 of a the new cycle.

It could be a great opportunity to go Long now and short at 10-12K

Please comment as I would love to hear your thoughts.
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