Timgucci

BITCOIN CORRECTION

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BITFINEX:BTCUSD   Bitcoin
BITCOIN is currently correcting its wave A of (4). Price is currently heading for completion of wave (5) in A and this is the level at which price will mark a complete retest out of the broken channel in which it initially was over the years. I think it is better to wait for a complete correction and break out from the descending channel to A before going long.

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