Bitcoin
Short

Bitcoin to $7,900

It looks like the medium timeframe downtrend is going to continue; it looks like this recent uptrend was the B wave correction in the long term ABC correction to the downside.

At least, if things don't reverse VERY soon. Bears dumped this one in a very aggressive move so we can just as easily see a fugazi reversal back up -- but it seems unlikely.
Trend Analysis

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