Lomeli760

Bitcoin analysis (short bias)

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BITSTAMP:BTCUSD   Bitcoin
From a pure technical standpoint every time price reached the downtrend line it shot down almost 1000 pips.
I'm going to say it will repeat and cause one more flush of the swamp before we see the bullrun rally begin.

Unless price breaks out of this larger timeframe downtrend I don't see it becoming a bullrun just yet.

All this is at this moment is a patience game. Wishing you all abundance and good luck to you.

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