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Descending Triangle on 4Hrs (240min) Chart is looking really ugly, there is now enough evidence to believe that Bitcoin might be heading down to $21-$22K as a TA target of the triangle. Unless the bulls take over within this week, we are going to dip really good to test 2017 all-time high (which is still healthy in my opinion), that would be the worst-case...
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BTC Long off a triangle. Next target 48k-50k
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Most likely brake is up. (next target $46K-49K.
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I think that is fairly possible considering what happened in 2013/2014.
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I believe it's going to break out soon within few days and possibly breaking all time high within 2 weeks. THIS IS NOT A FINANCIAL ADVICE
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