Bitcoin
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Bitcoin - The Ride is Over for now

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The ride is over for darling of the cryptocurrencies as a terminating wedge formation has evolved on the daily chart.
There has been warning signs in the both indicators of a correction with a divergence present since the end of February.
With the conformation RSI unable to keep above 60 level indicating we are in bearish territory.

We should see a three wave move to the downside to the Lucas level (76 fib) which is below 20K USD.
I'm a great fan of this financial product and will looking to buy in at this level.
At the time of writing the analysis the move has already start.


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