Kozmoto

Repeating the Recent History

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BITSTAMP:BTCUSD   Bitcoin
My expectation is as seen by everyone we have a SHS formation at the bottom is expectation that it will be acting as a reversal.
We have seen this scenario before so there is a probability that this reversal will get back to the levels of 5200usd and then revert back to the bottom again for further consolidation after that point my guess is that will break upwards but that will be quite some time away so lets first observe this formation and how it will react accordingly.

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