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BTC Downtrend

By thekevin
I still believe that until we break out of the downward trend line (in red) we could still go down to around the .618 level. However, I have had a re-count of waves and don't think it is an ABCDE. I instead think we are lining up for a WXY.
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptoCryptocurrencyWave Analysis
thekevin

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