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possible longterm scenario

By mikenz
Updated
if this scenario unfolds, we should have 3.6 -3.7k as minimum, about minimum 6-7k in summer 19 and 10-11k minumum in beginning of 2020 from where btc can start next rise due to halving in 2020. watch those levels.
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Looks good, right on track rebounded twice from support line forming a triangle. If we have a breakout > 4000 confirmes bottom and scenario. then possible midterm rebound to upper 4k/lower 5k. <3500 invalidates scenrio
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worked great we had a nice rebound from support and found the bottom. stay long if it crosses 4260 on stamp now to exit in high 4ks / low 5ks. If it falls below 4k again, another test of the support is due.
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looks like selling pressure is exhausting. long when it crosses 4100 USD!
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oh well there he goes.
Beyond Technical AnalysisHarmonic PatternsTrend Analysis
mikenz

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