Farbridge

Bearish signals.

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BITFINEX:BTCUSD   Bitcoin
H&S pattern and bitcoin breaking out of a rising wedge are 2 bearish signals that the Bitcoin price will be going down in the short term. 2 locations for a nice bounce I'm looking at are near the $1006 range and the $960 range. Dipping below $960 will be a clear signal that we are entering a bear market. Looking at $880 target then. If the bearmarket is rejected we might test $1100 or even $1200 again.

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