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Possible top pattern forming below 40K
Bitcoin
Possible top pattern forming below 40K
By Bullbrain
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Updated
Jan 20, 2021
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Jan 16, 2021
Compared to the top of 2014 this is quite similar.
If we stay below the 0.786 retrace from top to 30K low there's a good chance at this outcome.
Jan 20, 2021
Note
At this moment i think it's more like a bear trap
Chart Patterns
Trend Analysis
Bullbrain
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