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Btc Head and Shoulders Trend Reversal

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BITSTAMP:BTCUSD   Bitcoin
Btc completed the head and shoulders pattern and broke downwards of the wedge formation - both bearish indicators signalling some drawbacks.

However, the market remains in a parabolic bull run. Support line for this indicated in yellow.

A drawback to this trend line would likely see support to fuel further upwards momentum and an opportunity to buy.
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